Casting Crown Construction entered into the following transactions during a recent year: January $2$ Furchased a bulldozer for $\backslash (\backslash$$ $200,000\backslash )$ by paying $\backslash (\backslash$$ $20,000\backslash )$ cash and signing a $\backslash (\backslash$$ $180,000\backslash )$ note. January $3$ Replaced the steel tracks on the bulldozer at a cost of $\backslash (\backslash$$ $20,000\backslash ),$ purchased on account. January $30$ Wrote a cheque for the amount owed on account for the work completed on January $3.$ Mareh $1$ Paid $\backslash (\backslash$$ $2,400\backslash )$ cash for the rights to use computer software for a two$-$year period. Required: $1-$a$.$ Analyze the accounting equation effects. $($Enter any decreases to accounts with a minus sign.$)1-$b$.$ Prepare the journal entries for each of the transactions. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)2.$ For the tangible and intangible assets acquired in the preceding transactions, determine the amount of depreciation and amortization that Casting Crown Construction should report for the quarter that ended March $31.$ The equipment is depreciated using the double$-$declining$-$balance method with a useful life of five years and $\backslash (\backslash$$ $40,000\backslash )$ residual value. $3.$ Prepare a journal entry to record the depreciation and amortization calculated in requirement $2.($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$