Question 4. Total Marks Available- 9 Lucky Lure Co. and a 10- purchased a machine on October 1, 2018 for $125,000. It has a $15,000 residual value On July 1, 2020 the machine sold for $79,500. The company uses the double- method of depreciation. The company fiscal year end is December 31 Prepare the necessary journal entries below for 2018 through 2020. 2018 Oct 1 Dec 31 2019 Dec 31 2020 Jul 1 Bonus Question -1 mark What does it mean to capitalize an expenditure? Present your explanation by showin entry