Exercise 9-21 Allteak Paper Products sold two machines in 2014. The following information pertains to the two machines: Machine Cost #1 #2 Purchase Date Life Value Method $86,000 7/1/10 5 yrs. $6,000 $50,000 7/1/13 5 yrs. $5,000 Useful Residual Depreciation Sales Date Sold Price Straight-line 12/31/14 $20,000 Double diminishing 12/31/14 $32,000 balance Instructions a. Calculate the accumulated depreciation on each machine at the date of disposal. B. Journalize the Depreciation and the sale of the Machines SHOW YOU WORK.