Prepare journal entries for the following transactions. Explanations are not required. 2019 Jan. 1 May Dec. 31

Prepare journal entries for the following transactions. Explanations are not required.

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2019 Jan. 1 May Dec. 31 2020 June 30 Dec. 31 Purchased a bulldozer for $64,000 cash, $4,000 residual value, 20-ycar expected life, double-declining-balance amortization. Purchased office furniture for $15,000 cash, $3,000 residual value, 10-year expected life, straight-line amortization. Recorded amortization on the bulldozer and furniture. Sold the furniture for $11,000 cash. (Record amortization to date for 2020 before selling the furniture.) Recorded amortization on the bulldozer.