At December 31, 2022, Culver Company reported the following as plant assets. During 2023, the following selected cash transactions occurred. April 1 Purchased land for $2,040,400 May 1 Sold equipment that cost $1,140,000 when purchased on January 1, 2019. The equipment was sold for $684,000 June 1 Sold land purchased on June 1,2013 for $1,600,000. The land cost $392,000. July 1 Purchased equipment for $2,300,000 Dec 31 Retired equipment that cost $514,000 when purchased on December 31, 2013. 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 havo a 10 ycar uscful fifc and no salvage value. Update depreciation on assets disposed of at the time af 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 omotrnts.)