A & B please and thanks!

10. During 2016, Global Oil Company had the following tansaction. Prepare the journal entry for each of the following transactions. a. (6 pts) Global sold 30% of its interest in unproved Lease D for $80,000. Global's cost in the lease is $60,000, the lease is individually significant, and an allowance for impairment of $15,000 had previously been recorded on the lease. b. (6 pts) Global sold all of its interest in unproved Lease A for $40,000. Global's cost in the lease is $60,000, the lease is individually insignificant, and the group allowance for impairment account had a credit balance of $100,000. 10. During 2016, Global Oil Company had the following tansaction. Prepare the journal entry for each of the following transactions. a. (6 pts) Global sold 30% of its interest in unproved Lease D for $80,000. Global's cost in the lease is $60,000, the lease is individually significant, and an allowance for impairment of $15,000 had previously been recorded on the lease. b. (6 pts) Global sold all of its interest in unproved Lease A for $40,000. Global's cost in the lease is $60,000, the lease is individually insignificant, and the group allowance for impairment account had a credit balance of $100,000