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On 01/01/2019 Company A acquired a machine for 50,000 in cash. The machine has a residual value of 1,000 and the useful life is 10

On 01/01/2019 Company A acquired a machine for 50,000 in cash. The machine has a residual value of 1,000 and the useful life is 10 years. Company A uses the straight-line depreciation method. On 31/12/2019 (the accounting year-end), Company A sells the machine for 25,000. What are all the accounting entries related to these economic transactions?

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