Complex Computer Ltd. had a December 31 year-end. Complex Computer Ltd. completed the following transactions:

2018

• February 01: Paid $3,000,000 plus $100,000 in legal fees, pertaining to all assets purchased, to acquire the following assets:

Asset	Appraised Value	Estimated Useful Life	Estimated Residual Value
Land	$ 900,000	___	___
Building	1,600,000	20 years	$ 200,000
Equipment	800,000	10 years	50,000

• Complex Computer Ltd. used the straight-line amortization method using days as the basis.
• March 01: Purchased a van for $60,000 cash. Complex Computer Ltd. determined that the estimated useful life of the van was 5 years with no residual value.
• March 01: Complex Computer Ltd. paid $4,000 cash to paint the company's logo on the van.
• June 01: Complex Computer Ltd. paid $65,000 cash for annual maintenance work done on the equipment.
• December 31: Complex Computer Ltd. recorded amortization on its assets.

2019

• July 01: Complex Computer Ltd. sold the van for $40,000.
• December 31: Complex Computer Ltd. recorded amortization on its assets.

Required:

1. Record the above transactions in a general journal. Provide explanations. Round all amounts to the nearest dollar. Complex Computer Ltd. used the straight-line amortization method using days as the basis
2. Show the balance sheet presentation of the assets at December 31, 2019