27.17A A company maintains its fixed assets at cost. Accumulated provision for depreciation accounts are kept for each asset. At 31 December 20X8 the position was as follows Total Cost To Date Total Depreciation To Date Machinery Office furniture 52,950 2,860 25,670 1,490 The following transactions were made in the year ended 31 December 20X9: (a) (b) Purchased - machinery 2,480 and office furniture 320 Sold machinery which had cost 2,800 in 20X5 for 800 Depreciation is charged, on a straight line basis, at 10% on machinery and at 5% on office furni- ture on the basis of assets in use at the end of the year irrespective of the date of purchase. Required: Show the asset and accumulated provision for depreciation accounts for the year 31 December 20X9 and the relevant balance sheet entries at that date