The following events occurred during the first half of the year. Book the entries necessary for the corresponding transactions that have occurred.

January 1: Purchased a fleet of vehicles for $350,000 via a loan from the bank. The trucks have a useful life of six years. The loan is for six years with an interest rate of 4.3%. The company already owned $200,000 of vehicles prior to this purchase with an accumulated depreciation of $80,000.

February 6: It is determined that the intangible recorded for a patent is impaired by $50,000. The patent owned for two years was estimated to be worth $120,000 and has a life of 10 years. Book the journal entry for the impairment.

March 25: Purchased 10-year maturity bonds as an investment for $45,000.

April 5: New construction equipment was purchased for the project at the golf course for $120,000. The forklifts have a useful life of seven years. The company already owned $50,000 of construction equipment prior to this purchase with an accumulated depreciation of $22,000.

May 1: A new long-term lease is entered into for a much larger corporate office which will house the company and its future acquired company. The net present value of the future lease payments is $510,800. The lease is for six years.

June 14: A forklift is disposed of that had a book value of $7,500 and accumulated depreciation of $5,200.

June 30: Book the depreciation for the first half of the year on the vehicles you purchased January 1.

June 30: Book the depreciation for the first half of the year on the construction equipment you purchased April 5.

June 30: Book the interest for the first half of the year on the fleet of vehicles you purchased January 1.

June 30: Book the amortization for the first half of the year on the right-of-use leased asset from May 1.