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On January 1, 2021. Gundy Enterprises purchases an office building for $327,000, paying $57.000 down and borrowing the remaining $270.000, signing a 7%, 10-year mortgage. Installment payments of $3,134 93 are due at the end of each month, with the first payment due on January 31, 2021 3-6. Record the first monthly mortgage payment on Jonuary 31, 2021. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to 2 decimal places.) View transactions Journal entry worksheet 1 Record the first monthly mortgage payment Note: Enter debts before credits