Problem I: (10 points) Wolfpack Corp. has the following select normal account balances available at the beginning and ending of 2021: Machinery Accumulated Depreciation Depreciation Expense Gain on Sale of Machinery 1/1/21 $200,000 140,000 0 0 12/31/21 $175,000 400,000 30,000 15,000 Additional Information: In 2021, in a cash exchange, machinery costing $90,000 and with a book value of $40,000 was sold for a gain of $15,000. In 2021, new machinery was purchased for cash. Required: Answer the following two questions. Calculations, journal entries, and/or t-accounts should be shown to receive partial credit. Part A: How much cash was received in 2021 from the sale of machinery? Answer: S Part B: How much cash was paid in 2021 for the purchase of new machinery? Answer: $