Prepare all necessary journal entries for 2024,2025 , and 2026 related to each of the following scenarios: On October 31, 2024, Sunland Ltd. purchased a plece of machinery for $26,000. At the time, management determined that the machinery would have a residual value of $2,600 at the end of its 10 -year life. Sunland has a December 31 year end and uses the straight-line depreciation method. Sunland ended up selling the piece of equipment on March 31, 2026, for \$17,000. (Record entries in the order disployed in the problem statement. Credit occount tities are outomatically indented when the amount is entered. Do not indent manually. If no entry Is required, select "No Entry" for the account tities and enter O for the amounts. List all debit entries before credit entries)