Ignore GST. Bubble Tea Cafe sells desserts with coffee and tea. The business has a financial year that ends on 30 September every year. On 1 July 2020, Bubble Tea Cafe bought a machine to make bubble milk tea at the cost of $18,000 on credit terms of 2/30, n/60. Additional transportation costs of $240 and installation costs of $120 were also due to the supplier. The payment was made to the supplier on 20 July 2020 within the discount period. The machine is expected to have a useful life of 5 years and a residual value of $3,600. The straight-line depreciation method is used for the machine. REQUIRED: Prepare journal entries to record the following transactions for Bubble Tea Cafe. [Note: Narrations are NOT required. Show all workings and explanations to secure maximum marks]. a. Purchase of the machine on 1 July 2020. [4 marks] b. Depreciation expense of the machine for the period ended 30 September 2020. [4 marks] c. Trade in the machine for $12,000 on 30 September 2021 and paid additional cash of $9,600 for a newer digital bubble milk tea machine. [13 marks]