please provide answer as soon as possible (within half hour ) thanks.

On January 1, 2021, at the start of its fiscal year, Zimmer Corporation had the following accounts and balances (assume normal balances): Equipment (useful life 8 years) $ 200,000 Accumulated Amortization - Equipment 65,000 Land 300,000 Building (useful life 30 years) 123,000 Accumulated Amortization - Building 12,300 Note: amortization is only recorded at year-end and there is no residual value estimated on the above items. Prescott uses the straight-line amortization method for the above items. Requirement #1: Prepare the necessary journal entries for the following items. Date each journal entry. Please leave a space between journal entries. (No explanations required.) YEAR 2021 Jan 1 April 1 Zimmer sold the equipment for $125,000 cash (4 marks) Zimmer purchased a delivery van for $40,000 cash. It will have an estimated useful life of 5 years, a $5,000 residual value, and will be amortized using the double-declining balance method. (2 marks) The corporation took the delivery van into the shop for an oil change and paid $120 cash. (2 marks) May 1 Dec 31 It is now December 31st (year-end). Record all the necessary amortization expense adjusting journal entries for Zimmer Corporation. (4 marks) I Requirement #2: Prepare the Property, Plant and Equipment section of the Balance Sheet at December 31st for Zimmer Corporation. (2 marks) Zimmer Corporation Balance Sheet December 31, 2021 ASSETS: Property, plant and equipment I Requirement #3: On February 15, 2022, Zimmer Corporation took the delivery van into the shop to get a lift which cost $6,000 put on the back of the van. They estimate that this lift will add value to the van and will increase the salvage value by $4,000. Prepare the necessary journal entries for the purchase of this lift. (2 marks)