Machinery that cost $204,000 on 1 January 20X1 was sold for $81,000 on 30 June 20x6. It was being depreciated over a 10 year life by the straight line method, assuming its residual value would be $18,000. A building that cost $1,820,000, residual value $112,000, 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 $590,000. The estimated life of the wing considered separately was 15 years, and its residual value was expected to be $29,000 The accounting period ends 31 December 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.) View transaction list Journal entry worksheet 1 2 3 4 5 Record the depreciation expenses (Equipment). i Save Journal entry worksheet Record the depreciation expenses (Building Wing). Note: Enter debits before credits. Transaction General Journal Debit Credit C-1 Record entry Clear entry View general journal external_browser=0&aunchUri=http cam Saved Journal entry worksheet