A. Muharraq industrial Co, purchased a Tradenarne for $120,000 on 3uly 1,2021 The Tradennarne is legpatly used for 20 yeir period. Required: Prepare the joarnal entry fo record the amortization expense on Dec 31,2021 salvage value of $26,000 and an esbmated useful life of 10 years. On Minch 31,2021 , The compary seld the nachime for $90,000 conch Required Prepare journal entries fo record: 1 The partial year's depreciation (the update) on March 312021. 2. The sale of the machine on March 31,2021 YOUR ANSWER SHOUHD BE IN THE FOLLOWNG FORM, DO NOT USE BE TWHEN NCMUERS Br Cash 10000 Cr Land 10000 For the toolbar, press