As of December 31, 2009, there are three outstanding loans with capitalized loan fees that are being amortized over the life of the loans. On December 1, 2010, Loan #3 was refinanced into two new loans. The table shows the loan fees paid in connection with each loan as well as the term of each loan. Please update the attached amortization schedule for the December 1, 2010 transactions. In addition, please show the journal entries to record the December 1, 2010 transactions.