Swift Ltd owned the following items of property, plant and equipment as at 30 June 2023.

Additional information (at 30 June 2023)

• The straight-line method of depreciation is used for all depreciable items of PPE. Depreciation is charged to the nearest month and all figures are rounded to the nearest dollar.
• The office building was constructed on 1 April 2019. Its estimated useful life is 20 years and it has an estimated residual value of $40 000.
• The turf cutter was purchased on 21 January 2020, at which date it had an estimated useful life of 5 years and an estimated residual value of $3200.
• The water desalinator was purchased and installed on 2 July 2022 at a cost of $200 000. On 30 June 2023, the plant was revalued upwards by $7000 to its fair value on that day. Additionally, its useful life and residual value were re-estimated to 9 years and $18 000 respectively.

The following transactions occurred during the year ended 30 June 2024. (Note: All payments are made in cash.)

1. On 10 August 2023 new irrigation equipment was purchased from Pond Supplies for $37000. On 16 August 2023, the business paid $500 to have the equipment delivered to the turf farm. William Wagtail was contracted to install and test the new system. In the course of installation, pipes worth $800 were damaged and subsequently replaced on 3 September. The irrigation system was fully operational by 19 September and William Wagtail was paid $9600 for his services. The system has an estimated useful life of 4 years and a residual value of $0.
2. On 1 December 2023, the turf cutter was traded in on a new model worth $80 000. A trade-in allowance of $19 000 was received and the balance paid in cash. The new machines useful life and residual value were estimated at 6 years and $5000 respectively.
3. On 1 January 2024, the turf farms owner decided to extend the office building by adding three new offices and a meeting room. The extension work started on 2 February and was completed by 28 March at a cost of $49 000. The extension is expected to increase the useful life of the building by 4 years and increase its residual value by $5000.
4. On 30 June 2024, depreciation expense for the year was recorded. The fair value of the water desalination plant was $165 000.

Required

Prepare general journal entries to record the transactions and events for the reporting period ended 30 June 2024 in relation to the following assets:

1. Office building
2. Turf cutters
3. Water desalinator
4. Irrigation equipment

\begin{tabular}{lrr} \hline Land (at cost) & & $120000 \\ Office building (at cost) & $150000 & \\ Accumulated depreciation & (23375) & 126625 \\ Turf cutter (at cost) & 65000 & \\ Accumulated depreciation & (42230) & 22770 \\ Water desalinator (at fair value) & & 189000 \\ \hline \end{tabular}