p18-2 capital asset related entries. xxx hospital entered into the following transactions in 20x8: April 1: purchases incubators for the nursery for $47,300 from unrestricted resources. (assume straight-line depreciation on all hospital capital assets) July 1: issued $10,000,000 of 10%, 20year bonds at par to finance construction of a major hospital addition. Construction is to begin early in 20x9, but bond market conditions are expected to become much less desirable over the next few months. The proceeds are invested in securities that also yield 10% interest. October 31: Sold a kidney dialysis machine for $19,000 halfway through its useful life. The machine originally cost $25,000 and accumulated depreciation was $12,500 when it was sold. December 31: a) the incubators have a 5-year useful life. b) the first semiannual interest payment on the bonds is made. Prepare all entries required on the preceding dates for these transactions. (Assume straight-line depreciation)