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DAO$-3($Algo$)$ Analyzing and Recording Long$-$Lived Asset Transactions with PartialYear Depreciation $[$LO $9-2,$ LO $9-3,$ LO $9-6]$

$[$The following information applies to the questions displayed below.$]$

Precision Construction entered into the following transactions during a recent year.

January $2$ Purchased a bulldozer for $$254,000$ by paying $$22,000$ cash and signing a $$232,000$ note due in five years.

January $3$ Replaced the steel tracks on the bulldozer at a cost of $$22,000,$ purchased on account. The new steel tracks increase the bulldozer's operating efficiency.

January $30$ Wrote a check for the amount owed on account for the work completed on January $3.$

February $1$ Repaired the leather seat on the bulldozer and wrote a check for the full $$1,000$ cost$.$

March $1$ Paid $$4,800$ cash for the rights to use computer software for a two$-$year period.

PA$9-3($Algo$)$ Part $1-$a

Required:

$1-$a$.$ Complete the table below, for the above transactions. $($Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.$)$

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