ABC Company purchased computer (#48) for $85,000 cash. No delivery charge or installation fee on this computer. Company plans to use this computer for 2 years and will have a salvage/trade-in value of $15,000. Please journalize entry. December 2011 Please journalize straight-line depreciation on January 1, 2012 ABC Company decided to trade computer 48 for a new computer 50 and paid $17,000 cash. Computer 50 will be used for 3 years with a salvage/trade value of $13, 750. No delivery or installation charge on computer 50. The invoice for the exchange showed the following. Please journalize entry