On March 1, 2023, Pharoah Ltd, purchased a machine for $60,000 by paying $23,000 down and issuing a note for the balance. The machine had an estimated useful life of nine years and an estimated residual value of $6,000. Pharoah Winds uses the straight-line method of depreciation and has a December 31 year end. On October 30,2025 , the machine was sold for $58,000. Assume instead that the company used the double-diminishing-balance method to depreciate the cost of the machine: What journal entries would be required to update the depreciation and record the sale of the machine on October 30,2025 ? (Credit account tities are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round depreciation rate and intermediate calculations to 2 decimal places, e.g. 15.25\% and final answers to the nearest whole dollar, eg. 5.275. List all debit entries before credit entries.)