The property, plant, and equipment section of the Jasper Company$$s December $31,2023,$ balance sheet contained the following:

Property, plant, and equipment:

Land $ $128,000$

Building $ $1,248,000$

Less: Accumulated depreciation $(240,000)1,008,000$

Equipment $194,200$

Less: Accumulated depreciation $?$question mark $?$question mark

Total property, plant, and equipment $?$question mark

The land and building were purchased at the beginning of $2019.$ Straight$-$line depreciation is used and a residual value of $$48,000$ for the building is anticipated.

The equipment is comprised of the following three machines:

Machine Cost Date Acquired Residual Value Life $($in Years$)$

$101$ $ $64,6001/1/2021$ $ $7,8008$

$10297,0006/30/20228,8009$

$10332,6009/1/20233,8008$

The straight$-$line method is used to determine depreciation on the equipment. On March $31,2024,$ Machine $102$ was sold for $$67,000.$ Early in $2024,$ the useful life of machine $101$ was revised to five years in total, and the residual value was revised to zero.

Required:

Calculate the accumulated depreciation on the equipment at December $31,2023.$

Prepare the journal entry to record $2024$ depreciation on machine $102$ up to the date of sale.

Calculate the gain or loss on the sale of machine $102.$

Prepare the journal entry for the sale of machine $102.$

Prepare the $2024$ year$-$end journal entries to record depreciation on the building and remaining equipment.