Question: Required information Problem 9 - 1 B ( Algo ) Record and analyze installment notes ( LO 9 - 2 ) [ The following information

Required information
Problem 9-1B (Algo) Record and analyze installment notes (LO9-2)
[The following information applies to the questions displayed below.]
On January 1,2024, Stoops Entertainment purchases a building for $540,000, paying $120,000 down and borrowing the
remaining $420,000, signing a(n)8%,10-year mortgage. Installment payments of $5,095.76 are due at the end of
month, with the first payment due on January 31,2024.
Problem 9-1B (Algo) Part 2
Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to 2
decimal places.)
 Required information Problem 9-1B (Algo) Record and analyze installment notes (LO9-2)

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