PLEASE ANSWER THIS ASAP! URGENT

Kingbird Construction Inc. needed financing to buy two Case graders. Kingbird receives $270,000 on January 1,2022 , when it issues a 5 -year, 5% mortgage note payable. The terms provide for semi-annual instalment payments on July 1 and January 1 , with fixed principal amounts. Calculate the fixed principal amount required each six-month period. Fixed principal portion eTextbook and Media List of Accounts Question Part Score /0.5 Prepare an instalment payment schedule for the first three interest periods. Prepare the journal entries to record the mortgage note payable and the first three instalment payments. Prepare any necessary adjusting entries at Kingbird's December 31, 2022 year end. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Provide the balance sheet disclosure for the mortgage note payable at December 31,2022 , being specific about the Classifications