(Solved by Humans)-Problem 18-5 (LO 10) Journal entries. Super Senior Agency is a VHWO. The following events...

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Problem 18-5 (LO 10) Journal entries. Super Senior Agency is a VHWO. The following events occurred during the year. The agency uses one control account for its fixed assets, with supporting subsidiary records. 1.    Property was purchased for $200,000. A down payment of $40,000 was made from unrestricted cash, and a 14% mortgage was signed for the remainder. 2.    Office furniture was purchased for $9,000 on open account. 3.    A local corporation donated and installed room partitions. The value of the donated items and services was $14,000. Super Senior’s policy is to release donor restrictions over the useful life of the assets to match depreciation expense. 4.    At year-end, a payment was made covering mortgage interest for one year, plus a $10,000 payment on the principal. 5.    Office equipment costing $3,000, with a book value of $1,000, was sold for $1,800 cash. The gain is unrestricted. 6.    Fully depreciated equipment costing $7,000 was written off. There was no scrap value. 7.    A depreciation schedule was prepared, showing annual depreciation expense of $46,000, which was recorded. Depreciation of $20,000 was for equipment donated or purchased with donated cash. 8.    Two years ago, the will of an agency volunteer granted $75,000 for the acquisition and installation of theater equipment, providing the organization acquired a new building. The amount now was expended in accordance with the stipulations of the will, and payment of $75,000 was made. 9.   The account payable of $9,000 mentioned in item (2) was paid. Prepare journal entries to record the preceding events.