An examination of the property, plant and equipment accounts of Niagara Company, disclosed the following transactions:

1. On January1, 2020, a new machine was purchased at a list price of $45,000. The company did not take advantage of a 2% cash discount available upon full payment of the invoice within 30 days. Shipping cost paid by the vendor was $200. Installation cost was $600 and a wall was moved two feet at a cost of $1,100 to make room for the machine.
2. On January 1, 2020, the company purchased an automatic counter to be attached to a machine in use; the cost was $700. The estimated useful life of the counter was 7 years, and the estimated life of the machine was 10 years.
3. On January 1, 2020, the company bought plant fixtures with a list price of $4,500, paying $1,500 cash and giving a one-year, non-interest-bearing note payable for the balance. The current interest rate for this type of note was 8%.
4. During January 2021, the company exchanged the electric motor on the machine in part (a) for a heavier motor and gave up the old motor and $600 cash. The market value of the new motor was $1,250. The parts list showed a $900 cost for the original motor, and it had been depreciated in 2020 (estimated life, 10 years).

Required:

Prepare the journal entries to record each of the above transactions as of the date of occurrence. Niagara Company uses straight-line depreciation.

Transaction		Debit	Credit
a. 1/1/2020)
b.(1/1/2020)
c.(1/1/2020)
d.(1/ 2021)