The following transactions were completed by Pearl Company during its year ended 31 December 2021:

Jan. 1 Purchased a van for $120,000 with a $5,000 salvage value. Also paid $350 for the annual van license. All payments were made in cash.

Jan. 1 Discarded a machine that had cost $10,000 and had accumulated depreciation of $8,500 as of December 31, 2020, the end of the previous accounting year. The machine had no salvage value. Record the discarding of this machine.

Jul. 2 Purchased a music copyright for $80,000 with a useful life of 10 years.

Oct. 1 Paid $2,500 cash for vans yearly oil replacement.

Nov. 1 Completed the addition and installation of an automated control system to a machine at a cost of $1,800. This improvement results in reduced labor costs for the machine in future periods.

Dec. 31 Recognized annual depreciation on the van, assuming a 100,000-miles van life while 10,000 miles were driven during 2021

Dec. 31 Recognized the annual amortization on the music copyright

Prepare the journal entries to record the above transactions.