At December 31, 2022, Blue Spruce Corp. reported the following plant assets. During 2023 , the following selected cash transactions occurred. Apr. 1 Purchased land for $2,160,000. May 1 Sold equipment that cost $1,020,000 when purchased on January 1,2016 . The equipment was sold for $306,000. June 1 Sold land for $1,470,000. The land cost $1,000,000. July 1 Purchased equipment for $1,100,000. Dec. 31 Retired equipment that cost $682,000 when purchased on December 31,2013 . No salvage value was received. Journalize the transactions. (Hint: You may wish to set up T-accounts, post beginning balances, and then post 2023 transactions.) Blue Spruce 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. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and