Copper Explorations recently acquired the rights to mine a new site. Equipment and a truck were purchased to begin mining operations at the site Details of the mining assets follow: Asset Mineral rights Equipment Truck Date of Purchase Mar. 1/20 Mar. 1/20 Mar. 1/20 Cost $ 99,000 286,890 137,400 Est. Residual $0 Est. Life 4 yrs 4 yrs 4 yrs Copper's year-end is December 31 and it uses the straight-line method for all mining assets including intangibles. Required: 1. Record amortization and depreciation at December 31, 2020, on the mining assets, including the mineral rights. View transaction list Journal entry worksheet Record the amortization on the mineral rights