Exercise 10-5 (Part Level Submission) Ste. Anne Corp. obtained a 10-year, 5%, $135,000 mortgage loan to finance the purchase of a building at December 31, 2017. The terms provide for semi-annual instalment payments on June 30 and December 31. (a) Your answer is correct. Record the obtaining of the mortgage payable on December 31, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 cash T 135000T 35000 O Mortgage Payable 135000 (b) Record the first two instalment payments on June 30, 2018, and December 31, 2018, assuming the payment is (1) a fixed principal payment of $6,750 plus interest, and (2) a blended principal and interest payment of $8,660. (Round answers to the nearest whole dollar, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (1) Fixed principal payment Payment Date Account Titles and Explanation Debit Credit First Instalment June 30 Interest Expense Mortgage Payable Cash Second Instalment Dec. 31 Interest Expense Mortgage Payable Cash (2) Blended principal and interest payment Payment Date Account Titles and Explanation Debit Credit First Instalment June 30 Interest Expense Mortgage Payable Cash Second Instalment Dec. 31 Interest Expense Mortgage Payable Cash