Machinery that cost $220,000 on 1 January 201 was sold for $93,000 on 30 June 206. It was being depreciated over a 10 -year life by the straight-line method, assuming its residual value would be $26,000. A building that cost $1,980,000, residual value $128,000, 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 $710,000. The estimated life of the wing considered separately was 15 years, and its residual value was expected to be $41,000. 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.) Journal entry worksheet Record the depreciation expenses (Equipment). Note: Enter debits before credits. Journal entry worksheet 4 Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet 1 2 Record the depreciation expenses (Building Wing). Note: Enter debits before credits. Journal entry worksheet 1 2 Record the depreciation expenses (Building). Note: Enter debits before credits. 2. Complete the part of the balance sheet given below showing how the building and attached wing would be reported