The following transactions occurred during 2020. Assume that depreciation of 10% per year is charged on all machinery and 5% per year on buildings on a straight line basis, with no estimated salvape value. Depreciation is charged for a full year on all fixed assets acquired during the year, and no depreciation is charged on foxed assets disposed of during the year Jan 30 Mar. 10 Mac 20 A building that cost $132.000 in 2003 is torn down to make room for a new building The wrecking contractor was paid 55,100 and was permitted to keep all materials salvaged Machinery that was purchased in 2013 for $16,000 is sold for $2.900 cash, tol purchaser's plant. Freight of $300 is paid on the sale of this machinery Agar breiks on a machine that cost 59.000 in 2012. The replaced at a cost of $2.000. The replacement does not extend the useful le of the machine but does make the machine more efficient Aspecial base installed for a machine in 2014 when the machine was purchased has to be replaced at a cost of $5.500 because of detective workmanship on the original base. The cost of the machinery was $14.200 in 2014. The cost of the bases $3.500, and this amount was changed to the Machinery account in 2014 One of the business reported at a cost of $8.900.rid not been painted scelt was constructed in 2016 May 18 Ane 23 Prepare general journal entries for the transaction. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account title and enter for the amounts) Date Account Titles and Explanation Debit Credit 1/30 Debit Credit Date Account Titles and Explanation 1/30 3/10 5/18 3/10 5/18