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Question 45 (8 points) On August 31, 2022, Halifax Quality Homes enters into a 10-year, 6%, $200,000 mortgage to finance the construction of a condo

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Question 45 (8 points) On August 31, 2022, Halifax Quality Homes enters into a 10-year, 6\%, $200,000 mortgage to finance the construction of a condo complex. The terms provide for mnthly instalment payments at the end of each month, commencing September 30 . 2022. Instructions a) Record the issue of the mortgage payable on August 31, 2022. b) Record the first two instalment payments on September 30, 2022, and October 30,2022 , assuming the payment is (1) a fixed principal payment of $1,667, and (2) a blended principal and interest payment of $2,220. Round your answers to the nearest dollar

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