Required information Problem 9-1A (Algo) Record and analyze instaliment notes (LO9-2) [The following information applies to the questions displayed below] On January 1, 2024, Birmingham Enterprises putchases a bulleling for $272.000, paying $52.000 down and borrowing the remaining $220.000, signing a 98.10 year mortgage. Installment poyments of $2786.87 are due at the end of each month, wath the first payment due on January 31,2024 Problem 9-1A (Algo) Part 3 3-0. Recond the first monthly mortgage payment on January 31,2024. 3-b. How much of the first payment goes to interest expense and how much goes to reducing the carrying value of the loan? Complete this question by entering your answers in the tabs below. Record the first monthly mortoage payment on January 31, 2024. (If no entry is required for a particular transaction/event, solect "No Journal entry worksheet Note: Enter debits before credits. 3-0. Record the first monthly mortgage payment on January 31, 2024. 3.b. How much of the first payment goes to interest expense and how much goes to reducing the carrying value of the loan? Complete this question by entering your answers in the tabs below. How much of the first bayment goes to interest expense and how much goes to reducing the carrying value of the loan? (Pound your answers to 2 decimal places. Do not round intermediate calculations.)