(3) Adams acquired Blackacre for $50,000 cash plus a purchase money mortgage of $200,000. Over the next couple of years Adams claimed $100,000 of depreciation (cost recovery deduction) on Blackacre. In addition over the same period of time he paid off $80,000 of the purchase money mortgage. At a time when Blackacre had a FMV of $400,000, Adams sold Blackacre to Sally, who assumed the existing debt, gave Adams her personal note in the amount of $100,000 and a check for the balance. (a) Make the journal entry to record Adams' purchase of Blackacre. (b) Make the journal entry to record the depreciation (cost recovery deduction) taken by Adams on Blackacre (make a single JE, in other words don't worry about how many years the deduction was claimed). (c) Make the journal entry to record the partial payment of the original debt incurred at the time of the purchase of Blackacre. (d) Make the journal entry to record Adams' sale of Blackacre to Sally