$($a$)$

Journalize the transactions. $($Hint: You may wish to set up T$-$accounts, post beginning balances, and then post $2026$ transactions.$)$ Blue uses straight$-$line depreciation for buildings and equipment. The buildings are estimated to have a $40-$year useful life and no salvage value; the equipment is estimated to have a $10-$year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement. $($List all debit entries before credit entries. Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

$$

$$

$$

$$

$($To record depreciation on equipment sold$)$

$$

$$

$$

$$