4. Excerpts from Honeywell's financial statements (for the year ended December 31, 2022) are listed on the following pages. Use the information presented by Honeywell to prepare a summary journal entry of for the firm's disposals for the vear ended December 31, 2022 relating to property, plant and equipment. Assume Honeywell made no non-cash investing transactions relating to property, plant and equipment. Also assume Honeywell made no impairments relating to property, plant and equipment. ( 2 points) Total asnets NOTE 7. PROPERTY, PLANT AND EQUIPMENT-NET \begin{tabular}{|c|c|c|c|c|} \hline \multirow[b]{3}{*}{ Land and improvementh } & \multicolumn{4}{|c|}{ December 3t, } \\ \hline & & \multicolumn{2}{|c|}{2021} \\ \hline & 5 & 214 & 1 & ns \\ \hline Machinnry and oquipment & & 103 & & 10.w \\ \hline Eluidings and improvenents & & & & 325 \\ \hline \multirow[t]{2}{*}{ Constivuction in pregress } & & 10 & & oss \\ \hline & & 14,710 & & w, 50 \\ \hline Less-Mccumulated depreciation & & (2)) & & \\ \hline & s & 5,47 & 1 & \\ \hline \end{tabular} Depreciation expense was $657 million, $674 militon, and 5644 million for the yeas ended Decertiber 31, 2022, 2021, and 2020, respectively. Derase in mustrenth 7