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Question 12 Paper Products Inc. Sold two machines in 2021. The following Information pertains to the two machines Purchase Useful Residual Depreciation Sales Machine Cost Date Value MethodDate Sold Price #T $ 86,DOO 7/1/17 5yrs. $ 6000 Straight-line 7/1/21 20,000 #2 $ 50,000 7/1/20 5 yrs $ 5.000 Double diminishing. 12/31/21 $ 32 000 balance Instructions Calculate the accumulated depreciation on each machine at the date of disposal, D Prepare the journal entries in 2021 to record 2021 depreciation and the sale of each machine. TTT Anal