At December $31,2025,$ Sheffield Corporation reported the following plant assets.

Land

Buildings

During $2026,$ the following selected cash transactions occurred.

Apr$-1$ Purchased land for $$3,896,200$

May $1$ Sold equipment that cost $$1,062,600$ wher purchased on January $1,2019.$ The equipment was sold for $$301,070.$

Dec. Purchased equipment for $$1,948,100$

Retired equipment that cost $$1,239,700$ when purchased on December $31,2016,$ No salvage value was received.

Record adjusting entries for depreciation for $2026,($List debit enty before credit entry Credit occount titles cre autconaticolly indented when amount is entered. Do not indent monually if no en try is required, select $"$Wo Entry" for the account bibles and enter of for the amounts.$)$

Date

Account Titles and Explanation

Debit

$($To record depreciation on buildings$)$

$($To record depreciation on equipment$)$