On January 1, 2019, Beer4All ordered a new machine to help increase production for one of its most popular products. The machine had an invoice price of $50,000 and Beer4All was required to pay shipping ($1,200) and insurance during shipping ($300) by serni from British Columbia to Toronto. The machine arrived on January 5, 2019 and was installed at a cost of $800 and calibrated and tested for a cost of $200. On January 3, 2019 it was put into operation. Beer4All's fiscal year runs from January to December. Round all final answers to the nearest dollar. 1. Prepare a journal entry (or entries) to record all costs associated with the new machine. (All payments were in cash) 2. The machine was expected to last 10 years with a salvage value of $4,500. Prepare the journal entry to record depreciation for 2019 using the double-declining balance method of depreciation. 3. Beer4All sold the machine on July 1, 2020 for $29,000. Prepare all journal entries in 2020 relating to the machine and its disposal. (Hint: calculate the depreciation expense up to July 1 to get the updated total of accumulated depreciation.)