Use the following information to complete the three parts of this question. A machine was purchased for $119,000 on Jan 2,2020. It was repaired the next day for $6,650 and cost $1,750 to install. It's predicted the machine will be used for 6 years and would have a $33,920 residual value. It uses straight-line depreciation rounded to the nearest month. It was retired on Sept 30, 2025. Part 1 - Prepare journal entries to record the purchase, repair, and installation of the machine assuming cash was paid. Part 2 - Prepare the depreciation entry on Dec 31 of 2020 and on its disposal date, Sept 30, 2025. Part 3- On Sept 30, 2025, it was sold for $32,000. Prepare the entry. Part 1 - Input the correct information below: Machine Cash Machine Cash Machine Cash Cash Part 2 - Input the correct information below: Dec 31, 2020 Depreciation Expense Accumulated depreciation Sept 30,2025 Depreciation Expense Accumulated depreciation Part 3 - Input the correct information below: Sept 30, 2025 Accumulated depreciation Cash Loss on Disposal Machine