Whiskin Ltd acquires a new machine on 30th June 2024 for a price of £175,500 in cash. The accounting year-end for Drysdale Ltd is on 31st December 2024. The machine has no residual value and an estimated economic life of 5 years. The company uses the straight line depreciation method. On 31st December 2024, Whiskin Ltd sells the machine for £170,000 in cash.

Which of the answers below correctly shows all the journal entries related to these economic transactions for Library Ltd in year to 31st December 2024?