Bettinghaus Bistro includes the following in the Stockholders' Equity section of its Balance Sheet: The par value of its common stock is $1.00 per share The total balance in the common stock at par account is $300,000 There are 10,000 shares currently designated as treasury stock. Bettinghaus declared a $2 dividend per share. What is the total amount Bettinghaus will pay in the form of a dividend? Hint: dividends are only paid on outstanding shares. $600,000 $580,000 $610,000 $300,000 Below is an amortization schedule for a bond issued by the Red Cedar Company on January 1, 2020. Date Interest Paid Interest Expense Amortization Carrying Book Value 1/1/2016 883,310 12/31/2016 60,000 79,498 19,498 902,808 12/31/2017 60,000 81,253 21,253 924,061 12/31/2018 60,000 83,166 23,166 947,227 12/31/2019 60,000 85,250 25,250 972,477 12/31/2020 60,000 87,523 27,523 1,000,000 Which of the below journal entries would be appropriate for Red Cedar to recognize the coupon payment made on 12/31/2018? Interest expense Cash 60,000 60,000 83,166 Interest Expense Discount on Bond Cash 23,166 60,000 Interest Expense Cash Interest expense Premium on Bond Cash 83,166 83,166 60,000 23,166 83,166