Hi! I am stuck on this accounting 2 homework assignment and i could use some help on this one. Thank you!

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Assume that Kwik Kopy uses straight-line depreciation and prepare the following entries:(a)Adjusting entries for depreciation on December 31 of 20-3 through 20-5.(b)Adjusting entry for depreciation on June 30, 20-6, just prior to trading in the asset.(c)On July 1, 20-6, the copy machine was traded in for a new copy machine. The market value of the new machine is $38,000. Kwik Kopy must trade in the old copy machine and pay $22,000 for the new machine.2.Assume that Kwik Kopy uses sum-of-the-years'-digits depreciation and prepare the following entries:(a)Adjusting entries for depreciation on December 31, 20-3 through 20-5.(b)Adjusting entry for depreciation on June 30, 20-6, just prior to trading in the asset.(c)On July 1, 20-6, the copy machine was traded in for a new copy machine. The market value of the new machine is $38,000. Kwik Kopy must trade in the old copy machine and pay $22,000 for the new machine.