The following information applies to the questions displayed below/ lThe In On January 1, 2018, Stoops Entertainment purchases a building for $590,000, paying $100,000 down and borrowing the remaining $490,000, signing a 7%, 10-year mortgage. Installment payments of $5,689.32 are due at the end of each month, with the first payment due on January 31, 2018. 3. 10.00 points Required information Required: 1. Record the purchase of the building on January 1, 2018 (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction ist view general journal Journal Entry Worksheet Record the purchase of the building. Date General Journal Debit Credit January 01, 2018 *Enter debits before credits clear entry record entry done