just verifying if correct, it is marking my answer as incomplete.

(The following information applies to the questions displayed below.) Randy's Restaurant Company (RRC) entered into the following transactions during a recent year. April 1Purchased equipment (a new walk-in cooler) for $6,600 by paying $1,800 cash and signing a $4,800 note due in six months. April 2 Enhanced the equipnent (by replacing the air-conditioning systen in the walk-in cooler) at cost of $3,800, purchased on account. April 30 Wrote a check for the anount owed on account for the work completed on April 2. May 1A local carpentry company repaired the restaurant's front door, for which RRC wrote a check for the full $200 cost. June 1 Paid $11,840 cash for the rights to use the name and store concept created by a different restaurant that has been successful in the region. 1-b. Prepare the journal entries for each of the above transactions. 2. For the tangible and intangible assets acquired in the preceding transactions, determine the amount of depreciation and amortization, if any, that Randy's Restaurant Company should report for the quarter ended June 30. Equipment is depreciated using the straight-line method with a useful life of five years and no residual value. The RRC franchise right is amortized using the straight-line method with a useful life of four years and no residual value 3. Prepare a journal entry to record the depreciation and amortization, if any, calculated in requirement 2. Complete this question by entering your answers in the tabs below. Reg 15 Reg 2 Reg 3 For the tangible and intangible assets acquired in the preceding transactions, determine the amount of depreciation and amorturation, if any, that Randy's Restaurant Company should report for the quarter ended June 30. Equipment is depreciated using the straight-line method with a useful life of five years and no residual value. The RRC franchise right is amortized using the straight-line method with a useful life of four years and no residual value (Do not round intermediate calculations.) Show less Partial Year $ 520 $ 230 Depreciation Equipment Amortization Licensing Rights Req 1B Reg 2 Reg 3 Prepare a joumal entry to record the depreciation and amortization, if any, calculated in requirement 2. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list View journal entry worksheet No Date General Joumal Debit Credit 1 June 30 520 Depreciation Expense Amortization Expense Accumulated Depreciation Equipment 230 750 (Reg 2