Winter Company purchased a building on January $2$ by signing a long$-$term $$630,000$ mortgage with monthly payments of $$5,400.$ The mortgage carries an interest rate of $10$ percent.

The entry to record the first monthly payment will include a

Group of answer choices

debit to the Cash account for $$5,400.$

credit to the Cash account for $$5,250.$

debit to the Interest Expense account for $$5,250.$

credit to the Mortgage Payable account for $$5,400.$