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Pharoah Lure Co . purchased a machine on October 1 , 2 0 2 2 for $ 1 4 1 , 0 0 0 .

Pharoah Lure Co. purchased a machine on October 1,2022 for $141,000. It has a $19,500 residual value and a 10-year usefullife. On July 1,2024 the machine sold for $83,500. The company uses the double-declining-balance method of depreciation. The company fiscal year end is December 31.
Prepare the joumal entries for 2022 through 2024. Credit account witles are cultomatically indented when the amount is antent. Do not indent manually. List all deblt entries before oredit entries, Recond jounnal entrites in the onder presented in the problem.
Date
Aocount Titles and Explanation
Debit
Credit
2022
2023?
2024?
(To record depreciation expense.)
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