Question 3 Kendall Company has a machine that originally cost $40,000. Since the time of the machine's purchase, accumulated depreciation of $26,000 has been recorded with respect to the machine. The machine was sold for $10,000 cash. Which ONE of the following is included in the journal entry necessary to record the sale of the machine for $10,000 cash Hawaii Company has assets totaling $178,000 and liabilities totaling $60,000. United Company purchased Hawaii Company for $165,000. What amount of goodwill, if any, will be on United Company's books? DEBIT to Accumulated Depreciation for $26.000 ODEBIT to Machine for $40,000 $ O $0 O $13.000 O CREDIT to Loss on Sale of Machine for $4,000 O $47.000 CREDIT to Accumulated Depreciation for $26.000 CREDIT to Cash for $10.000 O $40.000 Question 2 1 pts Question 4 The trial balance below is for Company Z. Debit Darchelle Company had the following data for the year. Accounts receivable, beginning of year $300.000 Allowance for bad debts, beginning of year 60,000 Credit 5.220 7.000 1.250 5.500 5.400 Cash Inventory Unearned Revenue Paid-in Capital Retained Earnings (beginning) Dividends Sales Cost of Goods Sold Rent Expense Prepaid Rent Expense Total 2.250 Cash collected from credit customers 1,660,000 Credit sales for the year 1,736,000 Accounts receivable, end of year 360,000 Allowance for bad debts, end of year 106,000 , What was Darchelle Company's BAD DEBT EXPENSE for the year? 22.500 10.650 7.525 2.000 $34,650 $34,650 O $62000 Compute ENDING balance in RETAINED EARNINGS to be reported on the balance sheet. O $16.000 $8,725 O $76,000 O $7.475 O $60.000 O $6,725 O $46.000 O $5475 O $30.000 O $3,150 O $90.000