Treasure Furniture Inc. completed the following transactions, adjusting entries, and closing entries during a three-year period. All are related to the use of delivery equipment. The double- declining-balance method of depreciation is used. 2018 Jan. 1 Sep. 24 Dec. 31 Purchased a used machine for Rp42.000.000 paying cash Paid machine maintenances and repairs for Rp560.000 Recorded depreciation on the machine for the year. The machine's estimated useful life is Five years, with a residual value of Rp6.000.000 for the truck 2019 Jan. 1 Jul1 Nov. 18 Dec. 31 Purchased a new machine for Rp62.500.000. paying cash Sold the used machine for Rp24.500.000 (Record depreciation to date in 2019 for the machine) Paid machine maintenances and repairs for Rp670.000 Recorded depreciation on the machine. It has an estimated residual value of Rp12.500.000 and an estimated life of eight years. 2020 June. 30 Purchased a new machine for Rp72.000.000, paying cash. Sep. 1 Sold the machine purchased January 1, 2019 for Rp36.000.000 (Record depreciation for the year) Dec. 31 Instructions: Recorded depreciation on the remaining machine. It has an estimated residual value of Rp 18.000.000 and an estimated life of ten years. Journalize the transactions and the adjusting entries