! Required information Problem 9-1B 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 $510,000, paying $120,000 down and borrowing the remaining $390,000, signing a 8%, 15-year mortgage. Installment payments of $3,727.04 are due at the end of each month, with the first payment due on January 31, 2021. Problem 9-1B 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.) View transaction list Journal entry worksheet