Transactions - X 2019 Jan. May 1 Purchased a bulldozer for $90,000 cash, $5,000 residual value, 20- year expected life, double-declining-balance amortization 1 Purchased office furniture for $18,000 cash, $4,000 residual value, 10-year expected life, straight-line amortization, 31 Recorded amortization on the bulldozer and furniture. Dec. 2020 Jun. 30 Sold the furniture for $14.000 cash. (Record amortization to date for 2020 before selling the furniture.) 31 Recorded amortization on the buildozer. Dec Print Done