Assignment Print View 2 On March 31, 2018, the Herzog Company purchased a factory complete with macin ie rusidual v purchase price of $920,000 to the various types of assets along with estimated e alloation of the total s follows Asset Land Building CostEstimated Residual ValueLife in Years stimated Usoful $ 140,000 420,000 220,000 140,000 $ 920,000 N/A none 10% of cost NIA 25 Equipment Total $14,000 On June 29, 2019, machinery included in the March 31, 2018, purchase depreciation is calculated babngs and machinery and the sum-of-the years'-digits methad for equipment. Partial-year Required that cost $92.000 was sold for $72.000. Herzog uses the based on the number of months an asset is in service nt for 2018 2. Prepare the journal 3. Compute depreciation entnles to record the depreciation on the machinery sold on June 29, 2019, and the sale of machinery expense on the building, remaining machinery, and equipment for 2019 omplete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Compute depreciation expense on the building, remaining machinery, and equipment for 2019. (Do not round intermediate calculations.) Depreciation Expense Building Machinery quipment Required 3