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Recording Fixed Asset Disposal covered the period January 1 through December 3 1 a . Record the entry for Evert Company to purchase equipment on

Recording Fixed Asset Disposal
covered the period January 1 through December 31
a. Record the entry for Evert Company to purchase equipment on April 5.
b. Record the entries for Evert Company on April 5 to dispose of the old machine, including any required updates for depreciation and for insurance expense.
Note: Round answers to the nearest whole dollar.
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