Required information [The following information applies to the questions displayed below.) On January 1, 2021, Stoops Entertainment purchases a building for $600,000, paying $120,000 down and borrowing the remaining $480,000, signing a 8%, 20-year mortgage. Installment payments of $4,014.91 are due at the end of each month, with the first payment due on January 31, 2021. 2. Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Date Cash Paid Decrease in Interest Expense Carrying Value Carrying Value $ 480,000.00 01/01/2021 01/31/2021 02/28/2021 $ 4,014.91 4,014.91