Should Hol need to lepeat the l accouits, out courd do S0, ddinGSI accournts. PSA8.3 Journalise entries for disposals of PPE assets. LO8 Presented here are selected transactions for CupCake Ltd for 2018. Jan. Scrapped a piece of machinery that was purchased on 1 January 2008. The machine cost $52 000 and had a useful life of 10 years with no residual value. Sold a computer that was purchased on 1 January 2015. The computer cost 1 June 30 sold for $31 000. Discarded a delivery truck that was purchased on 1 January 2014. The truck cost $27000 and was depreciated based on an 8-year useful life with a $3000 residual Dec. 31 Required Ignore GST. Journalise all entries required on the above dates, including entries to update depre- ciation on assets disposed of, where applicable. CupCake Ltd uses straight-line depreciation. The reporting period ends on 31 December