Fuyao Company acquired an office building for $560,00 in cash on January 1, 2016. Fuyao intended to use the building for administration purposes. The building has an estimated useful life for 8 years. The residual value of the building is 0. Fuyao adopted the cost model for the subsequent measurement of the building. On December 31, 2017. based on evidence that the machine was impaired, the firm did an impairment test and estimated the recoverable amount of the equipment to be $360,000. On 31 December 2018, there was evidence for a reversal of impairment of the machine and the recoverable amount on this date was $380.000. On December 31, 2019. Fuyao decided to lease the building to a nearby firm to collect rentals, and the building was measured by the cost model thereafter. The fair value of the building on December 31, 2019. was $300,000. Assume that there is no change in the useful life of the machine over time. Fuyao Company uses straight-line depreciation for the building. Required: Prepare all relevant entries relating to this machine from 2016 to 2019