The following data is for Bella Corporation: The land was acquired on September 1,20X8 for cash. On April 30, 20830,000 shares of common stock was sold for $1 each. The additional common stock (30,000 shares) was sold on September 1 , 208 for $1 per share. All equipment purchased during the year was purchased for cash. The retained earnings balance for both years is after all closing entries have been made. The Note Payable requires payments of $20,000 principal plus interest at 10% on December 31st of each year