Consider each of the transactions below. All of the expenditures were made in cash.
1. During 2020, PC Software Inc. developed a new personal computer database management software package. Total expenditures on the project were $300,000, of which 40% occurred after the technological feasibility of the product had been established.
2. Xon Corporation added a new storage shed attached to an existing building. The new storage shed cost $36,000.
3. In March, the Cleanway Laundromat bought equipment. Cleanway paid $8,000 down and signed a noninterest-bearing note requiring the payment of $20,000 in nine months. The cash price for this equipment was $26,000.
4. The Mayer Company, plaintiff, paid $9.000 in legal fees in November, in connection with a successful infringement suit on its patent.
5. The Johnson Company disposed of an old machine with an original cost of $9,400 and a book value of $3,000 and received $2,000.

Required: Prepare journal entries to record each of the above transactions.