Required information [The following information applies to the questions displayed below] On January 1,2024 , Bloomfield Enterprises purchases a building for $294,000, paying $54,000 down and borrowing the remaining $240,000, signing a 7%,10-year mortgage. Installment payments of $2,786.60 are due at the end of each month, with the first payment due on January 31,2024. 4. Total payments over the 10 years are $334,392($2,786.60120 monthly payments). How much of this is interest expense and how much is actual payment of the loan? (Round your final answers to the nearest whole dollar amount.)