QUESTION 1 (20) (A) Reopen Your last abruptly PDFs fro On January 1, 2018, Burnaby Corporation purchased a machine for $150,000. Management estimated that the machine would be used for 5 years and would then have an $20,000 residual value. Depreciation was to be charged on a straight-line basis. A full year's depreciation was charged on December, 2018, through to December 31, 2020, and on January 1, 2021, the machine was retired from service and was sold for $20,000. Required: Prepare the journal entries required to record the sale of the machine by Burnaby Corporation on January 1, 2021 DR CR Date Account Activ Gate