Nature Pty Ltd's machinery control accounts shows carrying amount for the following machine as at 1 July 2013 Machine Alcost $250,000) $200,000 Machine B (cost $340,000) $320,000 Machine A was acquired on 1 July 2017 with estimated useful life of 10 years and no residual value. Machine B was acquired on 1 January 2015 with estimated useful life of years and residual value of $20,000. All machinery is depreciated on a straight-line basis. Required: 1. Calculate the depreciation charge for Machine A and B for the year ending 30 June 2020. Show all workings 2. On1 July 2020, Nature Pty Ltd traded in Machine Band paid cash $40,000 to exchange for Machine which costs $300.000 Calolate the resultant gain or loss on the transfer of Machine B. Show all workings. ent . T