Church Company purchased a computer on January 2, 20x1, at a cost of $5,000. It is expected to have a useful life of five years and a residual value of $500. Assuming that the computer is disposed of on July 1, 20x4, record the partial year's depreciation for 20x4 using the straight-line method, and record the disposal under each of the follow- ing assumptions:Lo1

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1. The computer is discarded. 2. The computer is sold for $800. 3. The computer is sold for $2,200. 4. The computer is exchanged for a new computer with a list price of $9,000. A $1,200 trade-in is allowed on the cash purchase. The accounting approach to gains and losses is followed. 5. Same as 4, except a $2,400 trade-in is allowed. 6. Same as 4, except the income tax approach is followed. 7. Same as 5, except the income tax approach is followed. 8. Same as 4, except the computer is exchanged for dissimilar office equipment. 9. Same as 5, except the computer is exchanged for dissimilar office equipment.