Sandhill Inc. issues a $354,000, 10-year, 6% mortgage note payable on November 30, 2021, to obtain financing for a new building. The terms provide for monthly instalment payments. Prepare the journal entries to record the mortgage loan on November 30, 2021, and the first two payments on December 31, 2021, and January 31, 2022, assuming the payment is a fixed principal payment of $2,950. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Nov. 30, 2021 Building 354000 Mortgage Note Payable 354000 (To record issuance of note.) Dec. 31, 2021 Interest Expense 1770 Mortgage Note Payable 2950 Cash 4720 (To record payment on note.) Jan. 31, 2022 Interest Expense 1755 Mortgage Note Payable 2950 Cash 4705 (To record payment on note.) Date Account Titles and Explanation Debit Credit Nov. 30, 2021 (To record issuance of note.) Dec. 31, 2021 (To record payment on note.) Jan. 31, 2022 (To record payment on note.)