Suppose that Sandhill receives $2,420,000 when it issues a $2,420,000, 7%, mortgage note payable to finance the construction of a building at December 31, 2025. The terms provide for annual installment payments of $266,000 on December 31. Prepare the journal entries to record the mortgage loan and the first two installment payments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Issuance of Note First Installment Payment Second Installment Payment Credit