The San Pedro company purchased a building and land with a fair market value (purchase price) of $625,000 (building $400,000 and land $225,000 on Jan 1, 2019, San Pedro signed a 30 year 4.5% mortgage payable note. sAn Pedro is to make monthly payments of $ 3,167 Reguirements 1.? 400,00 2.land 225,00 Requirements 2 prepare an amortization schedule for the first 2 payments jan 1 jan 31 625,000 =2,344 624,177 feb 28 requirement 4 journalize the second paymnet on feb. 28