Check my work Required information PA9-3 (Algo) Analyzing and Recording Long-Lived Asset Transactions with Partial-Year Depreciation (LO 9-2, LO 9-3, LO 9-6) The following information applies to the questions displayed below. Precision Construction entered into the following transactions during a recent year January 7 Purchased a bulldozer for $262.000 by paying $20,000 cash and sing $236,000 note due in five years. January 3 Replaced the steel tracks on the bulldozerat cost of $20,000, purchased an account. The new tracks increase the bulldozer's operating efficiency January 10 Weate = check for the mount cued on account for the work completed on January February 1 Repaired the leather seat on the bulldozer and wrote a check for the full $1,400 cost. March 1 Paid $7,200 cash for the rights to use computer software for the year period PA9-3 (Algo) Part 1-b to 3 1-b. Prepare the journal entries for each of the above transactions 2. For the langible and intangible assets acquired in the preceding transactions determine the amount of depreciation and amortization, if any, that Precision Construction should report for the quarter ended March 31. The equipment is deprecated using the double declining balance method with a useful life of five years and 546,000 residual value. The licensing right is amortized using the straight line method with a useful life of two years and no residual value 3. Prepare a journal entry to record he depreciation and amortization. If any calculated in requirement 2 COW. Req 1B Reg 2 Reg 3 Prepare the journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No lournal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 > Purchased a bulldozer for $262,000 by paying $26,000 cash and signing a $236,000 note due in five years. Record the transaction, Note: Enter debits before credits Date General Journal Debit Credit January 02 Prepare the journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Repaired the leather seat on the bulldozer and wrote a check for the full $1,400 cost. Record the transaction. Note: Enter debits before credits General Journal Debit Date February 01 Credit Prepare the journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet View transaction list Journal entry worksheet 1 Record the depreciation and amortization expense on the bulldozer and computer software for the quarter ended March 31. Note: Enter debits before credits Date March 31 General Journal Debit Credit