A. Manam Co. purchased a Trademark for $ 160,000 on October 1, 2020 The Trademark is legally used for 10-year period. Required: Prepare the journal entry to record the amortization expense on Dec. 31, 2020 B. On January 1, 2018, Zalleg Trading Co. acquired a truck costing $850,000 Zallaq uses the straight-line method to depreciate the truck with an estimated salvage vele of $50.000 and an estimated useful life of 20 years. On July 1, 2020, Zallaq sold the truck for $ 720,000 cash Required. Prepare journal entries to record: 1. The partial year's depreciation (the update) on July 1, 2020 2. The sale of the truck on July 1, 2020. YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM: DO NOT USE BETWEEN NUMBERS Dr. Cash 10000 Cr. Land 10000 For the toolbar, press ALT+F10(PC) or ALT FN F10 (Mac)