Ebert Company leased 10,000 acres with a lease bonus of \($80\) per acre. Delay rentals are to be at a rate of \($5\) per acre. The lease specified that Ebert Company could abandon the lease in 1,000 acre portions. At the end of year 1, Ebert Company abandoned 4,000 acres and paid a delay rental on the remainder. Prepare journal entries for the above activities.