Record the following journal entries in proper form for the following economic transactions for which occurred in December of 2019

The company collected $2,130 in cash for service jobs which were recorded and performed last month

The company purchased new factory equipment. the equipment cost $120,000. In addition 6% sales tax was paid on the purchase. Freight and insurance costs to ship in the equipment were $1,000 under shipping terms of FOB shipping point. The equipment was paid for by issuing a 3% 4 month note to the equipment supplier.

Record depreciation expense for equipment which costs $36,000 and was acquired on May 1, 2019. The equipment has a 10 year economic useful life and is depreciated using the straight line method. Record depreciation expense at the end of the calendar year assuming no salvage value and no previous entries have yet been made on the company's books.

The company received a cash payment of $5,000 for services to be rendered early in 2020.

Purchased inventory for $8,000 on account.