1) Record the following journal entry: Poquito Corporation issued 30,000 shares of its $5 par value common stock for $360,000 cash on August 1, 2010. Question 2) The following information relates to the number of common shares of the Telly Corporation: 80,000 Authorized shares 30,000 Unissued shares 5,000 Treasury shares Calculate the number of outstanding shares from the information given. Show your calculations. Question 3) When will a bond sell for a discount? When will a bond sell for a premium? Question 4) What is the future value (maturity value) of a $5,000 note payable with interest at 8% compounded annually. The note is due in 5 years. The principle and all of the interest will be paid at the end of the 5 years. The time value of money tables are on pages 448-451 in your text