please post answers for all 3 problems individually

Problem 1: On April 1. 2018. Bahdahboom Ol Co, purchased, for $25,800,000, oil drilling rights to land in an area where oil has been discovered Experts predict there will be a total of 600,000 barrels of oil available oil rig equipment was also purchased on this date for $1,260,000. The equipment will be abandoned when the well runs dry. Assume that the oil well produced 114,500 barrels of oll during 2018. Present the general adjusting Joumal entries required for December 31, 2018 as follows: (a) the depletion of the rights to the natural resource, and (b) the depreciation of the oil rig equipment (units-of-production approach) Problem 2: Blink Blink Corp. on March 31, 2018, sold an old machine that originally cost $64,000 and had accumulated depreciated of $61,000 over its lifetime. a) Give the Journal entry to record the sale if the machine sold for $3,000 b) Give the joumal entry to record the sale if the machine sold for $15,000. c) Give the journal entry to record the sale if the machine sold for $1,000 d) Give the journal entry if the machine is simply thrown away with no cash received. Problem 3: Using the cost and accumulated depreciation from Problem 2, assume that the old machine is traded in on a new one instead of simply being disposed of. The agreed upon price of the replacement machine is $77,000 Journalize the exchange entry required if the dealer offers the following trade-in-allowances (TIA): a) TIA = $3,000 b) TA = 1,700 c) TI= $9 600