Required information Problem 9-18 (Static) Record and analyze installment notes (LO9-2) [The following information applies to the questions displayed below) On January 1, 2024, Stoops Entertainment purchases a bulding for $610,000, paying $110,000 down and borrowing the remaining $500,000, signing a 9%,15-year mortgoge. Installment payments of $5,07133 are due at the end of each month, with the first poyment due on January 31,2024 Problem 9-1B (Static) Part 1 Required: 1. Record the purchase of the bulling on January 1, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.)