1. The company "T" bought from Germany a machine costing 2.000.000 on 01/04/2016. The useful life of the machine was estimated at ten (10) years and the administration assumed zero residual value. On 20/04/2016, a company paid the amount of 28,000 for the transport of the machine in Greece. On 30/04/2016, he paid 1000 for the transportation of the machine from the customs office to its premises and 2.000 to the company Set up for the installation and connection of the machine. On (01/06/2016), the company prepayed premiums for the insurance coverage of the machine of 600 for one year (01/06/2016 to 31/05/2017). The company started using the machine on 01/06/2016 and three months later (01/09/2016), the company paid 300 for the maintenance of the machine. On 01/06/2018, the company replaced the central unit of the machine with a sophisticated version of new technology that is expected to lead to a doubling of the quantity produced. The new unit cost 250,000. On 01/06/2018, the company revalued the useful life of the property and asset in twelve (12) years while maintaining its estimate for zero residual value. On 01/09/2020, the company proceeded to the sale of the machine for 1.400.000,00 in cash as it considered that the performance of the machine was not sufficient. (All transactions of the company are carried out by way of movement of the current account, unless otherwise stated). Requested:

(a) the determination of the cost of acquiring the machine.

(b) the calculation of depreciation for all years up to and including the sale of the machine assuming that the company applies the method of fixed depreciation and

(c) to list all journal entries (without the use of account codes) from the purchase to the sale of the machine.