Ukiwo Oil Corporation, located in Institute, WV. has been operating for four years. Ukiwo uses full cost accounting and excludes all possible costs from the amortization base. The following account balances are as of the end of 2020. Insignificant Leases Lease Total Impairment Cost $50,000 60,000 30,000 140,000 84,000 Significant Leases Lease D E Cost Total Impairment $600,000 $200,000 500,000 200,000 750,000 400,000 REQUIRED: Give any entries necessary for the following events and transactions: EVENT A: Lease A was abandoned on March 20, 2021. EVENT B: Lease B was proved on May 13. JU.UUU UUUUU REQUIRED: Give any entries necessary for the following events and transactions: EVENT A: Lease A was abandoned on March 20, 2021.1 EVENT B: Lease B was proved on May 13.11 EVENT C: Insignificant leases costing $80,000 were acquired 2021. EVENT D: Lease E was abandoned early in July. EVENT E: Lease F was proved October 21. For numerical answers: (1) DO NOT use commas to separate thousands places in numerical answers (2) use a minus sign to indicate negative numbers.(3) DO NOT use dollar signs. (4) amounts should be entered from smallest (at top of the entry line items) to largest (at bottom of the entry), which is ascending order. Account Debit Item Credit numbers.(3) DO NOT use dollar signs. (4) amounts should be entered from smallest (at top of the entry line items) to largest (at bottom of the entry), which is ascending order. Account Debit Credit