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Presented below are selected transactions for Werley Company for 2019, lan 1 Sold a machinery for $9.000 that was purchased on January 1, 2010. The

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Presented below are selected transactions for Werley Company for 2019, lan 1 Sold a machinery for $9.000 that was purchased on January 1, 2010. The machine cost $90,000 on that date, and had a useful life of 10 years with no salvage value April 30 Sold a equipment for $34.000 that was purchased on January 1, 2017 The equipment cost $90.000, and trad a useful life of 5 years with no salvage value. Dec 1 Distarded a business automobile that was purchased on April 1, 2016. The car cost $27,000 and was depreciated on as year rieful for with a salvage value of $2,000 Instructions Journalize all entries required as a result of the above transactions. Werley Company uses the straight-line method of depreciation and has recorded depreciation through December 31, 2019

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