At December 31, 2014, Navaro Corporation reported the following plant assets.

At December 31, 2014, Navaro Corporation reported the following plant assets. During 2015, the following selected cash transactions occurred. Journalize the transactions. Navaro uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 40-year useful life and no salvage value; the equipment is estimated to have a 10-year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount Is entered. Do not indent manually.) Record adjusting entries for depreciation for 2015. (Credit account titles are automatically indented when amount Is entered. Do not indent manually.) Prepare the plant assets section of Navaro's balance sheet at December 31, 2015. (List Plant Assets in order of Land, Building and Equipment.)