Machinery that cost $200,000 on 1 January 20X1 was sold for $78,000 on 30 June 20x6. It was being depreciated over a 10-year life by the straight-line method, assuming its residual value would be $16,000. A building that cost $1,780,000, residual value $108,000, was being depreciated over 20 years by the straight-line method. At the beginning of 20X6, when the structure was 8 years old, an additional wing component was constructed at a cost of $560,000. The estimated life of the wing considered separately was 15 years, and its residual value was expected to be $26,000. 47:29 The accounting period ends 31 December k Required: 1. Give all required entries to record: a. Sale of the equipment, including depreciation to the date of sale. b. The addition to the building: cash was paid. c. Depreciation on the building and its addition after the latter has been in use for one year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) ces