Journalize the following transactions: Q8 Corporation, a Kuwait based company (Functional currency the KWD), had the following transactions with its German subsidiary (Functional currency the euro): 1. January 1, 2020: Purchase of equipment (E1) for 100,000 euros on account. Credit terms: Full payment in 6 months. Interest: 12% per annum. (10 points) 2. July 1, 2020: Purchase of additional equipment (E2) for 200,000 euros paid by wire transfer (5 points) 3. December 31, 2020: What would be the amount of depreciation expense in the consolidated financial statement for the Equipment (E1 & E2). Use straight-line, no residual value, useful life 10 years. (5 points) Additional information: Exchange rates for the KWD against the Euro January 1, 2020: 1KWD = 2.9410 ; July 1, 2020: 1KWD = 2.8000 ; June 30, 2020: 1KWD = 2.8571 ; December 31, 2020: 1KWD = 2.9000