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

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

Apr. $1$ Purchased land for $$3,841,200.$

May $1$ Sold equipment that cost $$1,047,600$ when purchased on January $1,2019.$ The equipment was sold for $$296,820.$

June $1$ Sold land for $$2,793,600.$ The land cost $$1,746,000.$

July $1$ Purchased equipment for $$1,920,600.$

Dec. $31$ Retired equipment that cost $$1,222,200$ when purchased on December $31,2016.$ No salvage value was received.

$($b$)$

Record adjusting entries for depreciation for $2026.($List debit entry before credit entry. 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

Credit

Depreciation Expense

Accumulated Depreciation$-$Buildings

$($To record depreciation on buildings$)$

Accumulated Depreciation$-$Buildings

Buildings

$($To record depreciation on equipment$)$

eTextbook and Media

List of Accountsrecord adjusting entries for depreciation 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.$)$