Question: |__ Presented here are selected transactions for Zhou Ltd for the year ended 31 December 2016: Scrapped a piece of machinery that was purchased on

|__ Presented here are selected transactions for Zhou Ltd for the year ended 31 December 2016: Scrapped a piece of machinery that was purchased on 1 Jan. . 1 January 2010 at a cash price of $52000. The machinery had a useful life of 8 years with no residual value. Sold a computer that was purchased on 1 January 20l3 for June 30 $162000 cash. It had a useful life of 19 years with no residual value. The computer was sold for $80000 cash. Calculate and enter the amount of yyy for the journal entries below. 1 January 2015 . Debit | Credit Dr. accumulated depreciation machinery Cr. machinery; |_

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