[The following information applies to the questions displayed below.] On January 1, 2021, Gundy Enterprises purchases an office building for $228,000, paying $48,000 down and borrowing the remaining $180,000, signing a 8%, 10-year mortgage. Installment payments of $2,183.90 are due at the end of each month, with the first payment due on January 31, 2021. Record the first monthly mortgage payment on January 31, 2021. (If no entry is required for a particular transaction/event, select Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to 2 mal places.)