Staxy Button has it approached a venture capitalist for financing for her new business venture, Stadium Corporation, the development of a local skill. On July 1, 2016, Stacy borrowed $135,000 by signing a mortgage payable at an arvual interest rate of 7%. The mortgage is repayable over 5 wars in annual realments, due each June 30. The first payment is due June 30 2019 and the ski hill company's year end will also be June 30. (a) Your answer has been saved See score details after the due date. Prepare an amortization schedule for the year term of the mortgage, assuming the payment is a blended principal and interest payment of $32,925. Round answers to the comes whole dollar 5,275) Annual Cash Interest Reduction of Principal Interest Period Payment Expense Principal Balance July 1, 2018 135000 $ June 30, 2019 $ 32925 $ 9450 $ 23475 111525 June 30, 2020 32925 7807 25118 86407 June 30, 2021 32925 6048 26877 59530 June 30, 2022 32925 4167 28758 30722 June 30, 2023 2153 30772 0 Total 164625 29625 135000 423234 (b) Prepare all journal entries for Sladium for the first two fiscal years ended June 30, 2019, and June 30, 2020. Odit account titles are automatically indented when the amount is entend Do not indent manually. Round answers to the nearest whole dollar, es 5,275) Date Account Titles and Explanation Debit Credit July 1, 2018 June 30, 2019 June 30, 2020