Problem 10-4A Interactive Computer Company signed a 10-year, 6.5%, $710,950 mortgage on June 30, 2017, to help finance a new repair center. The mortgage terms provide for semi-annual blended principal and interest payments of $48,898. Payments are due on December 31 and June 30. The company's year end is June 30. Prepare an instalment payment schedule for the first two years. (Round answers to the nearest whole dollar, e.g. 5,275.) Semi-annual Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balance June 30, 2017 710,950 Dec. 31, 2017 48,898 23,106 25,792 685,158 June 30, 2018 48,898 22,268 26,630 658,528 Dec. 31, 2018 48,898 21,402 27,496 631,032 June 30, 2019 48,898 20,508 28,390 602642 SHOW LIST OF ACCOUNTS Record the receipt of the mortgage loa indent manually.) on June 30, 2017. (Credit account titles are automatically indented when the amount is entered. Do not Date Account Titles and Explanation Debit Credit June 30 SHOW LIST OF ACCOUNTS Record the first two instalment payments, on December 31, 2017, and June 30, 2018. (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.) Date Account Titles and Explanation Debit Credit Dec. 31 June 30 SHOW LIST OF ACCOUNTS Show the statement of financial position presentation of the mortgage payable at June 30, 2018. Interactive Computer Company Statement of Financial Position (Partial) June 30, 2018 Current liabilities Non-current liabilities