Your answer is correct. Prepare the journal entries to record the mortgage loan and the first two installment payments. (Round answers to o decimal places, e.g. 15,250. Credit account titles are automatically indented when amount is entered manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2019 Cash 800000 Mortgage Payable 800000 Dec. 31, 2020 nterest Expense 64000 Mortgage Payable 55224 Cash 119224 Dec. 31, 2021 Tnterest Expense 59582 Mortgage Payable 59642 Cash 119224 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT X Your answer is incorrect. Try again. Indicate the amount of mortgage note payable to be reported as a current liability and as a long-term liability at December 31, 2021. (Round answers to 0 decimal places, e.g. 15,250.) Current liability Long-term liability Click if you would like to Show Work for this question: Open Show Work