Recording Asset Acquisition, Depreciation, and Disposal $($FSET$)$ prior to use. The company estimates that the machine has a useful life of $6$ years and residual value of $$13,650.$

Use the financial statement effects template to show how the following activities affect the balance sheet and income statement:

a$.$ Acquisition of the machine including all costs incurred to prepare it for its intended use.

b$.$ Depreciation in the first year. Verdi uses the straight$-$line method of depreciation.

c$.$ Sale of the machine on December $31,$ Year $4.$ Verdi sold the machine to another company for

$$24,500.$ I am having trouble in solving for part c$.$