0 Required information [The following information applies to the questions displayed below.) On January 1, 2021, Gundy Enterprises purchases an office building for $316,000, paying $56,000 down and borrowing the remaining $260,000, signing a 8%, 10-year mortgage. Installment payments of $3,154.52 are due at the end of each month, with the first payment due on January 31, 2021 4. Total payments over the 10 years are $378,542 ($3,154.52 * 120 monthly payments). How much of this is interest expense and how much is actual payment of the loan? Interest expense Actual payments on the loan