10 Apr. 1 Aug. 15 Oct. 1 Office equipment costing $14,000 was given to a scrap dealer at no charge. At the date of disposal, accumulated depreciation on the office Feb equipment amounted to $11,900. Hitchcock sold land and a building to Claypool Associates for $630,000, receiving $200,000 cash and a five-year, 10 percent note receivable for the remaining balance. Hitchcock's records showed the following amounts: Land, $120,000; Building, $350,000; Accumulated Depreciation: Building (at the date of disposal), $115,000 Hitchcock traded in an old truck for a new one. The old truck had cost $11,000, and its accumulated depreciation amounted to $7,000. The list price of the new truck was $17,000, but Hitchcock received a $5,000 trade-in allowance for the old truck and paid $12,000 in cash. Hitchcock includes trucks in its Vehicles account. Hitchcock traded in its old computer system as part of the purchase of a new system. The old system had cost $150,000, and its accumulated depreciation amounted to $110,000. The new computer's list price was $90,000. Hitchcock accepted a trade-in allowance of $50000 for the old computer system, paying $30,000 down in cash and issued 50,000 a two-year, 9 percent payable to action computer for the balance (computer are included in the office equipment account