Question: Use the information provided in 2) to answer 3), 4), and 5). 3) Prepare the adjusting entry to record the depreciation expense for the year

Use the information provided in 2) to answer 3), 4), and 5). 3) Prepare the adjusting entry to record the depreciation expense for the year ended December 31, 2019. 4) On December 31, 2020, the machine was sold for $7,500. Compute the book value on that date. 5) Prepare the journal entry to record the sale

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