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Required information [The following information applies to the questions displayed below] On January 1, 2024, Birmingham Enterprises purchases a buliding for $338 , 000 ,
Required information [The following information applies to the questions displayed below] On January 1, 2024, Birmingham Enterprises purchases a buliding for $338 , 000 , paying $58 , 000 down and borrowing the remaining $280 , 000 , signing a 9% , 10 -year mortgage. Installment payments of $3 , 546.92 are due at the end of each month, with the first payment due on January 31 , 2024 . 2. Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)
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