On April 1, 2013, Pony Boy's Restaurant and Brewery purchased a new bottle-sealing machine for $176,400. The machine had an estimated useful life of 10 years and is expected to have no residual value. Assume that the company has adopted a partial-year depreciation policy, where depreciation is taken on a monthly basis.

The company uses straight line depreciation. The fiscal year-end for Pony Boy's Restaurant and Brewery is December 31. On April 30, 2021 Pony Boy's Restaurant and Brewery sold this machine for $42,700.

Required
a) Prepare the depreciation table over the life of the machine.

b) Record the journal entry for the sale, assuming that the depreciation for 2021 has already been recorded.