Tidy Sheets Trading is a business that manufactures linen products. The company's accounts include Factory buildings, Office buildings, Office equipment, Delivery truck and Dyeing & Sewing machines, with a separate Accumulated Depreciation account for each of them. During the year ended 30 June 2014, the business completed the following transactions: Sep 1Purchased a new office equipment on credit at the price of $12 000. The 2013equipment had a useful life of 5 years and residual value of $2 000. Feb 15Purchased land at the price of $70 000. In relation to the purchase, solicitor's fees 2014incurred were $1 100 and $700 was spent on removing a warehouse on the land. All of these were paid in cash. Mar 1 Sold an office building for $370 000 cash. The office building cost $555 000 and 2014had a 40-year useful life and a residual value of $75 000. The building was depreciated on a straight-line basis and its accumulated depreciation up to 30 June 2013 was $255 000 Apr 30 Scrapped a delivery truck that was purchased on 1 May 2004. The delivery truck 2014cost $55 000 and had a useful life of 10 years with no residual value. June 30 Recorded depreciation, as detailed below: 20141. The office equipment, purchased on 1 Sep 2013 (as mentioned above), is depreciated using the diminishing balance method. 2. Dyeing and Sewing machines, costing $20 000, are depreciated by the units- . The machines have a residual value of zero and are of-production method estimated to have a useful life of five years or 5 000 hours. For the year ended 30 June 2014, the machines were used for 900 hours 3. Factory buildings, costing $140 000, are depreciated by the straight-line method over 20 years with no residual value. The buildings had been depreciated up to 30 June 2013. Required: Journalise all the above transactions for Tidy Sheets Trading for the year ended 30 June 2014. Ignore GST. Narrations are not required