Flint Manufacturing operates a small factory building. Recently, the company paid some amounts related to its property. plant, and Flint paid $$49,500$ to replace part of the factory floor. The floor had been capitalized as part of the factory building when it was not considered a separate component. When purchased, the building had been assumed to have a $30-$vear useful life and was beind depreciated on a straight$-$line basis. At the time of the floor replacement. the building had been depreciated for $10$ years. Flint estimated that the original cost of the floor would have been $20\%$ cheaper than the new replacement due to inflation.

Prepare the journal entries to record these transactions, assuming Flint follows IFRS

$($To record new factory floor.$)$

$[$To record removal of the old floor from the building$]$

Flint paid a local company to perform some work on one of the company's forklifts $($F$1).$ The itemized invoice for the work showed charges of $$740$ for re$-$aligning the wheels. $$190$ for an oil change. $$120$ for replacing one of the belts, and $$300$ for touching up some paint.

Prepare the journal entry to record this transaction, assuming Flint follows IFRS.

Flint also paid a locaL company $$85,000$ in cash for a computerized controL panel. The control panel was to be added to one of Flint's existing manufacturing machines, which was currently operated manually. The control panel would control the machine by computer, making it more efficient. The existing machine had been purchased four years previously for $$368,000$ and was depreciated on a straight$-$line basis

Prepare the journal entry to record this transaction, assuming Flint follows IFRS.