At December 31, 2017, Arnold Corporation reported the following plant assets. During 2018, the following selected cash transactions occurred. Journalize the transactions. Arnold 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 life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement. (Round entries in the order displayed in the problem statement. Credit account titles are automatically indented is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter0 for the amounts.) Record adjusting entries for depreciation for 2018. (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.) Prepare the plant assets section of Arnold's balance sheet at December 31, 2010