The Goody Shop Ltd.'s unadjusted trial balance accounts and amounts (prior to recording any scember 31 , 2020, the end Additional notes: 1. The Land and Building was purchased January 1, 2019. The building had been estimated to have a useful life of 25 years and a residual value of $20,000. The company uses straight-line depreciation for the Building. 2. At January 1, 2020 there were 200,000 common shares outstanding with a total value of $20,000. 3. During the year cash dividends of $1,500 were paid. 4. The Equipment was purchased on February 1, 2020 and is estimated to have a useful life of five years and a residual value of $5,000. The company uses double diminishing balance depreciation method for the Equipment. 5. Ignore any income tax expense. 6. Please round all final amounts to a whole number. 7. Please add additional accounts as necessary. Required: Prepare any adjusting journal entries required from the items noted above and below to finalize the trial balance for The Goody Shop Ltd.'s for the December 31, 2020 year end. If there is no entry required state "no entry" and if there is an entry required show any calculations and the journal entry. The following transactions occurred during the year: 1. On June 30th,2020 the company sold its land and building. The proceeds on the sale was $400,000 cash. The bookkeeper didn't know how to record this, so he recorded it as Debit Cash $400,000, Credit "Ask Accountant \$400,000