Robin  Limited(‘Robin’)purchased  a  piece  of  equipment  and  it  was  fully  operational  as  at  1  February 2019.    The  equipment  was  purchased  for  $320,000.    In  addition  to  the  purchase price, Robinspent $40,000 to transport the equipment on site and $60,000 of engineering fees to set-up the equipment.  It had an estimated useful life of 10 years and an estimated residual value of $60,000.  Each year $6,000 is  spent  on  repairs  and  maintenance.    On  1  July  2021,  $80,000  was  spent  on  a  major  upgrade  after which the equipment had an expected useful life of 5 years from the date of the upgrade with a revised residual  value  of  $38,000.    On  1  March  2023,  the  equipment  was  sold  for  $120,000  cash. Robin’s financial year end balance date is 30 June and Robinuses straight-line depreciation.

Record the journal entry for the $80,000 upgrade to the equipment and the journal entry to record the depreciation on the equipment for the year ending 30 June 2022.