Presented below are selected transactions for Newton Ltd during the year 2020. Mar. 31 Sold a machine for $45,000. In January 2013, Newton Ltd paid $66,000 to acquire the machine, which had a useful life of 10 years and a residual value of $6,000. Sep. 30 Sold land for $1,200,000. The cost of the land purchased on 30 September 2011 was $750,000, Dec. 31 Discarded computers purchased on 1 January 2017. The computers cost $6,000, and had a useful life of 5 years with no residual value. Required: Ignore GST. Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable Newton Ltd uses straight-line depreciation method. The reporting period ends on 31 December. Narrations are not required. E % 2 A. BUT /- 1 Deblt Credit Date Account Titles MacBook