At 31^st December 2018, the SFOP of Pad Co ltd showed the following:

Cost $

Acc. Depn $

Machinery

52,590

25,670

Furniture

2,860

1,490

The following acquisitions were made during the financial year ended 31 December 2019:

Machinery

2480 $

Furniture

320$

The following disposals also took place:

Machinery bought in 2015 for 2800$ were sold for 800$

The company uses straight line method of depreciation calculated on assets in existence at the end of each financial year irrespective of the date of purchase

Machinery

10%

Furniture

5%

Show the relevant ledger a\cs and extract of F|S to account for the above transactions as at 31Dec 2019