Can anyone help me with this one?Please include the solution.Thank you in advanve

Instructions General Journal General Journal Instructions 1. Discarding an asset a. On January 4, shelving units, which had a cost of $7,000 and had accumulated depreciation of $6,530, were discarded b. On June 15, a hand cart, which had a cost of $1,570 and had accumulated depreciation of $1,450, was sold for $120. c. On October 1, a copy machine, which had a cost of $6,790 and had accumulated depreciation of $6,430, was sold for $390. f an amount box doesn reaujre an entry, laxe r lank. Prepare the entries for the transactions using a general journal. 2. Exchange or trade-in of assets. a. On December 31, a drill press, which had a cost of $59,390 and had accumulated depreciation of $48,270, was traded in for a new dril press with a fair market value of $76,100. The old drill press and $66,660 in cash were given for the new drill press. b. On December 31, the old drill press in (a) and $62,170 in cash were given for the new drill press. If an amount box does not require an entry, leave it blank Prepare the entries for the transactions using a general journal