Amanic Corporation purchased a machine on January 1 2001 for $25000. Before the

Amanic Corporation purchased a machine on January
1 2001 for $25000. Before the machine was utilized in a productive capacity
the following expenditures were made:a.Removal of a wall to accommodate the machine$1500b.Cost of training an operator850c.Installation of a counting
device500d.Premium on a 3-year insurance policy900Depreciation
on the machine was recorded at the end of each year. The depreciation rate is
$3000 per year. On October 1 2007 the machine was sold for $8000.Instructions:Prepare
the journal entries Stadnicki Company should make for the purchase and sale of
the machine.Quality control efforts in the production of
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