28) Global Wildlife purchased land adjacent to their property on January 1, 20X4 in order to expand the territory over which the animals have to roam. They issue a $2,500,000, 5-year, zero interest bearing note to purchase the land. The note is due in 5 years (no installments being paid in the interim) and interest is 7%. Provide the journal entry to record the purchase of the land on January 1, 20X4. (3pts) Fill in the amortization schedule for the life of the note. The first line has been filled in for you. Continue to fill in the remaining lines. (5pts) Cash Payment Interest Expense Unamortized Carrying Value Date Discount of N/P 1/1/X4 12/31/X4 12/31/X5 12/31/X6 2/31/X7 12/31/X8 717,535 1,782,465