ABC International sells a machine that had initially cost it $65,000 for $26,000 in cash. The company had compiled $25,000 of accumulated depreciation on the machine. The journal entry is: Question 2 (20 points) What is the relationship between the three major financial statements? (20 points) Question 3 (50 points) High-Tech Corp. prepared the following random list of assets, liabilities, revenues, and expenses from its December 31,2020, accounting records. The beginning retained earnings as of Jamuary 1,2020, were $33,100 and the owner, Smart Kaur, received dividends of \$5,100 during the year. Prepare the balance sheet for High-Tech Corp as of December 31, 2020