The following transactions occurred during 2025. Assume that depreciation of 10% per year is charged on all machinery and 5% per year on bulldings, on a straight-tine basis, with no estimated salvage value. Depreciation is charged for a full year on all fixed assets acquired during the year, and no depreciation is charged on fixed assets disposed of during the year. Jan. 30 A building that cost $168,960 in 2008 is torn down to make room for a new building. The wrecking contractor was paid $6,528 and was permitted to keep all materials salvaged. Mar, 10 Machinery that was purchased in 2018 for $20,480 is sold for $3,712 cash, ta.b. purchaser's plant. Freight of $384 is paid on the sale of this machinery. Mar. 20 Agear breaks on a machine that cost $11.520 in 2017 . The gear is replaced at a cost of $2.540. The replacement does not extend the useful life of the machine but does make the machine more elficient. May 18 A special base installed for a machine in 2019 when the machine was purchased has to be replaced at a cost of $7,040 because of defective workmanship on the original base. The cost of the machinery was $18,176 in 2019 . The cost of the base was $4,480, and this amount was charged to the Machinery account in 201 ? June 23 One of the buildings is repainted at a cost of 58.832 . It had not been painted since it was constructed in 2021