At December 31, 2022, Bramble Company reported the following as plant assets. Land $4,100,000 Buildings $28,400,000 Less: Accumulated depreciation-buildings 12,870,000 15,530,000 Equipment 47,910,000 Less: Accumulated depreciation-equipment 5,360,000 42,550,000 Total plant assets $62,180,000 During 2023, the following selected cash transactions occurred. April 1 Purchased land for $2,100,000. May 1 June 1 July 1 Dec. 31 Sold equipment that cost $1,080,000 when purchased on January 1, 2019. The equipment was sold for $648.000. Sold land purchased on June 1, 2013 for $1.530,000. The land cost $408,000. Purchased equipment for $2,370,000. Retired equipment that cost $485,000 when purchased on December 31, 2013. Apr. 1 Land May 1 Cash 2100000 Accumulated Depreciation-Equipment Depreciation Expense (To record depreciation) 3600 May 1 Cash Accumulated Depreciation-Equipment Equipment Sales Revenue (To record sale of equipment) 1080000 2100000 3600 3600 648000 428400 June 1 v Cash July 1 Land Sales Revenue Equipment Cash Dec. 31 Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation) Dec. 31 Accumulated Depreciation-Equipment Equipment (To record retirement of equipment) 1530000 2370000 408000 255000 2370000 485000 485000 Record adjusting entries for depreciation for 2023. (List all debit entries before credit entries. 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 enter O for the amounts.) Date Account Titles and Explanation (To record building depreciation) (To record equipment deprecition) Debit Credit Bramble Company Balance Sheet (Partial) $ $ Journalize the above transactions. The company uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 50-year 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. (List all debit entries before credit entries. 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 enter O for the amounts.)