Question: Instructions: Complete the interest amortization table for the 1st few months of the mortgage based on the provided background information. Then, respond to the

Instructions: Complete the interest amortization table for the 1st few months of

Instructions: Complete the interest amortization table for the 1st few months of the mortgage based on the provided background information. Then, respond to the question below. Background: On January 2, 2021 Becca's Dog Walking Business takes out a mortgage for $30,000 on the office building it uses to perform accounting and other adminstrative work. The 15-year fixed mortgage has an interest rate of 3%. Becca will be required to pay $900 a month on this mortgage to Date Cash Paid Interest Expense Payment Down on Mortgage Carrying Value of Mortgage $ 30,000 1/2/2021 2/1/2021 $ 900 3/1/2021 $ 900 4/1/2021 $ 900 You can stop here How much debt related to the mortgage will still be outstanding as of April 30, 2021?

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