Complete ledger account based on Accounting Data Sheet. Please send format as attached.

Accounting Data Appendix

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 $4\mathrm{.}3\%.$ 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 cost 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 $1.$