Zimmer Company sold the following two machines in 2017: Machine A $76,000 Cost Purchase date Useful life Salvage value Depreciation methocd Date sold Sales price Instructions $80,000 8 years $4,000 5 years $4,000 Straight-line Double-declining-balance 8/1/17 3os $16,000 $35,000 Jounalize all entries required to update depreciation and record the sales of the two assets in 2017. The company has recorded depreciation on the machines through December 31, 2016