QUESTION dI (12 marks - 20 minutes) Fahricocompleted the following trankartiuns 2021 of $96,000 for 511 ooo, furchased nee mantacturing feaipment for $115,000 fune 30 - sold a bulling thay had cent of $485000 and hat aocurmutated depreciation at S2ss 000 ttrouch becemter 31 af the priceding ynar Depurciation is corsputed on a straicht- Wit hasp. The boidre has a 40 rear vechal life ind a eesidual value of $95,000. The company rececied 550,000 crich and a 52:0,000 note recerrable Nov, 4 Purchard used office furnfure and mandacturing equemens fram hanutas Company. Total cost was $80,000 pueg in ch. An independent appraisal values the office furniture as $75,000 and the manut acturine equipment on $25,000 Depreciation is recorded at follows Orfice fireniture and Manufacturing Iquipment is depreciated by the doubledecilining-balance method over a five-year lifa with zero revidual value. Deprectation is recorded separatioly on the furniture and equipment. purchased on lanuary 4 and on November 4 . rired: Record the transactions in Fabrico's journal in the following lines