Machinery that cost $214,000 on 1 January 201 was sold for $88,500 on 30 June 206. It was being depreciated over a 10 -year life by the straight-line method, assuming its residual value would be $23,000. A building that cost $1,920,000, residual value $122,000, was being depreciated over 20 years by the straight-line method. At the beginning of 206, when the structure was 8 years old, an additional wing component was constructed at a cost of $665,000. The estimated life of the wing considered separately was 15 years, and its residual value was expected to be $36,500. 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.) Journal entry worksheet Record the depreciation expenses (Equipment). Note: Enter debits before credits. Journal entry worksheet