on january 2 2012 athol company bought a machine for use in operations/

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3. Prepare the journal entries to record the purchase of the machine and subsequent cash payments on January 15 and April 16, 2012.
4. Compute the depreciation expense for each of the years 2012, 2013, and 2014, assuming the company fiscal year ends on December 31. Use the straight- line depreciation method.
5. Prepare the journal entry to record the sale of the machine on October 1, 2019.