In $2026,$ Maple Leafs Co$.$ sells its single machine, which cost $$100,000$ and has an undepreciated capital cost $($UCC$)$ of $$25,000$ for tax purposes. For financial reporting, the machine has carrying amount of $$40,000.$ The sale price of the machine is $$30,000.$ Aside from the sale of the machine, the company has other income $($before taxes$)$ of $$600,000,$ which includes non$-$taxable dividends of $$120,000$ dollars received during the year. There are no other permanent or temporary differences. The company faces an income tax rate of $35\%.$ Required $1.$ Provide the journal entries for the company for $2026.$