there's only five slots available for general.

On January 1, 2018, World lhc. purchased five machines at a cost of $14,000 each. The company adopted the group (straight-line) depreciabon method, using an eightyeat life wth a \$2,800 salvage value per machine. Correct depreciason was recorded in 2016 and 2017 . On January 1,2020 , one of the machines was sold for $6,500. On January 3, 2020, a new unrelated piece of equipment was purchased for $15,000 with no salvage value and a six year life it will be depreciated using the straight-tine thethod Required: Prepate appropriate joumal entres for a January 1,2020 b December 31, 2020, to record depreciaton expense Prepare appropriate joumat entries for a. Japuay 1,2020 b. December 31, 2020, to record depreciason expense General Ledger