The paper company purchased a machine on dec 2 ,2019 at an invoice price of $45000 with terms 2/10, n30. On December 3,2018, they paid $800 for delivery of the machine. On December 10,2019, they paid the required amount for the machine. On January 31, 2020, $3909 was paid for the final installation and testing of the machine. The machine was ready for use on February 1, 2020.

prepare all journal entries.