Prepare joumal entries for the following transactions. Explanations are not required. (Click the icon to view the transactions.) 2019 Jan. 1 Purchased a bulldozer for $64,000 cash, $4,000 residual value, 20- year expected life, double-declining-balance amortization. May 1 Purchased office furniture for $15,000 cash, $3,000 residual value, 10- year expected life, straight-line amortization. Dec. 31 Recorded amortization on the bulldozer and furniture. 2020 Jun. 30 Sold the furniture for $11,000 cash. (Record amortization to date for 2020 before selling the furniture.) 31 Recorded amortization on the bulldozer. Dec. Jan. 1, 2019. Purchased a bulldozer for $64,000 cash, $4,000 residual value, 20-year expected life, double-declining-balance amortization (Record debits first, then credits. Exclude explanations fa Journal Entry Date Accounts Debit Credit 2019 Jan. May 1, 2019. Purchased office furniture for $15,000 cash. $3,000 residual value, 10-year expected life, straight-line amortization Journal Entry Date Accounts Debit Credit May Dec. 31. Recorded amortization on the bulldozer and furniture. Begin with the amortization on the bulldozer Journal Entry Date Accounts Debit Credit Dec. Now, record the amortization on the office furniture. (Do not round intermediary calculations. Only round the final answer to the nearest dollar.) Journal Entry Date Accounts Debit Credit Dec. 31 June 30, 2020. Sold the furniture for $11,000 cash. (Record amortization to date for 2020 before selling the furniture.) Begin by recording the amortization expense to date for 2020. Journal Entry Date Accounts Debit Credit 2020 Jun. 30 Next, record the sale of the furniture. Journal Entry Date Accounts Debit Credit Jun 30 Dec 31, 2020 Recorded amortization on the bulldozer Journal Entry Date Accounts Debit Credit Dec 31