Question 5 32 pt: Use the Following Information to Answer the Questions Below 1. Dec 1 Our Business Authorized 800,000 Shares of $1 par value stock 2. Dec 1 Our Business Issued 300,000 shares of common stock for $3.00 Each 3. Dec 1 Our Business Issued 200 Bonds for $1,000 each. Face Value of $1,000, Due in Twenty Years. Face Interest Rate of 7.80% Payable Annually on Nov 30-th of Each Year 4. Dec 10 Our Business made Service Sales to Customers of $220,000 on account. 5. Dec 20 Our Business Bought Back 50,000 Shares of Common stock for $1.80 each 6. Dec 21 Our Business Paid December Operating Expenses of $56,700 with checks. 7. Dec 31 Our Business Paid Dividends of $0.40 Cents to EACH Shareholder as of this DATE. 8. Dec 31 Our Business Recorded One Month of Interest Payable on the Bond QUESTIONS. Enter your Answers as a NUMBER ONLY, NO Commas, Decimals, or Dollar signs. Show any Negative Number with a-or in Parens as follows, -200 or (200) 1. Compute the Net Income for the Month 2. Compute the End Total Cash Balance - 3. Compute the Additional Paid in Capital Dollar Balance - 4. Compute the Number of Common Stock Shares Issued for the Month- 5. Compute the Number of Common Stock Shares Outstanding for the Month - 6. Compute the Ending Retained Earnings for the Month- 7. Compute the Ending Total Assets Balance 8. Compute the Ending Total Liabilities Balance - 9. Compute the Ending Total Owners Equity Balance = 10. What is the Market Rate of Interest on the Date the Bonds were Issued? - Enter your Answer as a Percent out to the 2nd Decimal like this 10.00%