At December $31,2022,$ Sarasota Corporation reported the following plant assets.

During $2023,$ the following selected cash transactions occurred.

Apr. $1$ Purchased land for $$4,325,200.$

May $1$ Sold equipment that cost $$1,179,600$ when purchased on January $1,2016.$ The equipment was sold for $$334,220.$

June $1$ Sold land for $$3,145,600.$ The land cost $$1,966,000.$

July $1$ Purchased equipment for $$2,162,600.$

Dec. $31$ Retired equipment that cost $$1,376,200$ when purchased on December $31,2013.$ No salvage value was received.

Record adjustments to accounts for depreciation for $2023.($If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign $($or parentheses$)$ in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.$)$