4. Complete a partial amortization schedule for a $50,000 note payable. Total monthly payments are $1,000 which include both principal and interest at 4%. Assume that the payments are made at 30 day intervals using a 360 day year. Round all amounts to the nearest dollar. 5. Prepare the journal entry to record the issuance of common stock by Kindley Corporation assuming 2,000 shares of common stock are issued for cash at $8 per share. The stock has a par value of $5 per share. a. Debit Cash $16,000 and Credit Common Stock $16,000 b. Debit Cash $10,000 and Credit Common Stock $10,000 c. Debit Cash $16,000, Credit Common Stock $10,000 and Credit Paid in Capital Common Stock $6,000 d. Debit Cash $16,000, Credit Common Stock $10,000 and Credit Premium on Common Stock $6,000