At December 31, 2022, Bridgeport Corporation reported the following plant assets. $ 5,673,000 3.989,825 Land Buildings Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation-equipment Total plant assets $26,540,000 22,550,175 75,640,000 9,455,000 66,185,000 $75,847,825 During 2023, the following selected cash transactions occurred. Apr. May June July Dec 1 1 1 Purchased land for $4,160,200. Sold equipment that cost $1,134,600 when purchased on January 1, 2016. The equipment was sold for $321.470. Sold land for $3,025,600. The land cost $1,891,000. Purchased equipment for $2,080,100, Retired equipment that cost $1,323,700 when purchased on December 31, 2013. No salvage value was received 1 31 Journalize the transactions. Bridgeport 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 tities 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 for the amounts.) Date Account Titles and Explanation Debit Credit (To record depreciation on equipment sold) To record depreciation on equipment sold) (To record depreciation on equipment retired)