Required information Problem 9-18 Record and analyze installment notes (LO9-2) The following information applies to the questions displayed below.) On January 1, 2021. Stoops Entertainment purchases a building for $450,000, paying $120,000 down and borrowing the remaining $330,000, signing a 8%, 15-year mortgage. Installment payments of $3,153.65 are due at the end of each month, with the first payment due on January 31, 2021. Problem 9-13 Part 2 2. Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) DAI Cel Paid Interest Expense Decrease in Carrying Value Carrying Value $ 330,000.00 01/01/2021 01/31/2021 02/20/2021 $ 3,153.65 3.153.65 Required information Problem 9-18 Record and analyze installment notes (LO9-2) The following information applies to the questions displayed below) On January 1, 2021, Stoops Entertainment purchases a building for $450,000, paying $120,000 down and borrowing the remaining $330,000, signing a 8%, 15-year mortgage Installment payments of $3,153.65 are due at the end of each month, with the first payment due on January 31, 2021 Problem 9-13 Part 3 3-a. Record the first monthly mortgage payment on January 31, 2021. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field, Do not round intermediate calculations. Round your final answers to 2 decimal places.) Answer is not complete. General Journal No Date Debit Credit 1 January 31, 2021 Interest Expense Notes Payable Cash OOO 3-6. How much of the first payment goes to interest expense and how much goes to reducing the carrying value of the loan? (Round your answers to 2 decimal places.) Interest Expense Reducing the Carrying Value First payment