23. ( 12 points) Consider each of the transactions below independently. All of the expenditures were made in cash. a. Xon Corporation purchased equipment with a list price of $30,000; terms are 2/10,n/30 Payment is made within the discount period, b. Xon Corporation paid $20,000 in 2020 for unusual and infrequent repairs due to damage from flood; repairs did not increase the use, value, or the economic life of the asset. c. Xon Corporation disposed of an old machine with an original cost of $9,400 and a book value of $5,000 and received $6,000. Required: Prepare all necessary journal entries to record each of the above transactions. 23. ( 12 points) Consider each of the transactions below independently. All of the expenditures were made in cash. a. Xon Corporation purchased equipment with a list price of $30,000; terms are 2/10,n/30 Payment is made within the discount period, b. Xon Corporation paid $20,000 in 2020 for unusual and infrequent repairs due to damage from flood; repairs did not increase the use, value, or the economic life of the asset. c. Xon Corporation disposed of an old machine with an original cost of $9,400 and a book value of $5,000 and received $6,000. Required: Prepare all necessary journal entries to record each of the above transactions