Depreciaton account for ooch deprecable asset During 2024, Soptie Miler Associsted comploted the following transactions: (i) (Clex the icon to viow the transections ) Record the fransactions in the joumal of Sophe M.lof Associles. (Record debits finL then crocts-Select the wolanation on the last ine of the lournal antly tabin) Jan. 1: Purchased office oquponont, $116,000. Paid $78,000 cash and financed the remainder with a note payable. (Recoid a ingze conpound joumwilenity) Aps. 1: Acqured land and communication ecuipment in a hump-sum purchase. Total cost was $410,000 padd in cash. An independent apprasal valued the land at 5322 . 675 and the commanicalion equipentint at $107,625. (Recort a single compound joumal enlry.) Mow raont the caie of tue bullang on September 1 Deprociason uccount for each depescable assat. During 2024, Sophie Miler Associatos completod tha following trantactonk: (i) (Cick tre icen to vew the franhacions)