The following scenarios relate to different companies and are independent.

Depreciation calculated to the nearest month. Round amounts to the nearest dollar):

1. A machine was purchased for $260,000 on Jan 1, 2019. It has an estimated useful life of five years and an estimated residual value of $20,000. Depreciation for 2020, the second year, using the double declining-balance method, is $_____________.

2. On January 3, 2019, a vehicle was purchased for $25,000. It has an estimated useful life of five years and a residual value of $1,900. It is expected to be driven 210,000 kilometers over its useful life. The asset was driven 30,000 kilometers in the second year. Depreciation for the second year, using the units-of-production method is $______________.

3. On September 1, 2020, equipment is purchased for a list price of $20,000 with terms 1/10 n30. A freight cost of $500 is also charged by the supplier to ship the product. All amounts are subject to HST of 15%. The cash discount is provided on the entire final invoice amount payable. The equipments cost in the general ledger is $___________.

4. On January 2, 2019, a machine costing $144,000 was acquired. The machine had a residual value of $24,000, and an estimated useful life of five years. The company elected to depreciate the machine using the straight-line method. Prepare the journal entry to record the sale of the machine on December 1, 2020 for $105,000 cash.