Dewey Corporation purchased a machine for $340,000 on January 1, 2012. The machine had an
	estimated useful life of 12 years and an estimated residual value of $40,000. The machine was
	depreciated using the straight-line method.
	On April 1, 2021, the company no longer needed the machine and sold it for $80,000. Dewey takes
	a half-year depreciation for the year an asset is disposed.
	a. What is the book value of the machine at the end of 2020?
	b. Calculate and record the depreciation for 2021 in the journal provided.
	c. Calculate the book value of the machine at the time of sale.
	d. Record the sale of the machine on April 1 in the journal provided.