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At December 3 1 , 2 0 2 2 , Sarasota Corporation reported the following plant assets. During 2 0 2 3 , the following

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.)
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