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zupoints On fanaary 1, 2021, Florida lavestments purchares a conde for $400,000, The company pavs cash of 590,000 and issues a 69,30 -year note nayable

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zupoints On fanaary 1, 2021, Florida lavestments purchares a conde for $400,000, The company pavs cash of 590,000 and issues a 69,30 -year note nayable tor the remaining 5320,000 . Installivent payments of \$1.918.56 are due at the end of each month, with the first payment due on danuary 31,2021. Required: 1. Recordissuance of the mortgage installiment note on January 1. 2021. 2. Calculate the balance after the first payment

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