At December 31, 2022, Grouper Company reported the following as plant assets. Land $4,360,000 Buildings $29,770,000 Less: Accumulated depreciation-buildings 12,500,000 17,270,000 Equipment 47,890,000 Less: Accumulated depreciation-equipment 4,870,000 43,020,000 Total plant assets $64,650,000 During 2023, the following selected cash transactions occurred. April 1 Purchased land for $2,030,000. May 1 Sold equipment that cost $1,110,000 when purchased on January 1, 2019. The equipment was sold for $666,000. June 1 Sold land purchased on June 1, 2013 for $1,490,000. The land cost $391,000. July 1 Purchased equipment for $2,580,000. Dec. 31 Retired equipment that cost $489,000 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 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.) Date Account Titles and Explanation May 1 (To record depreciation) Debit Credit (To record sale of equipment) (To record depreciation) (To record retirement of equipment) Prepare the plant assets section of Grouper's balance sheet at December 31, 2023. (List Plant Assets in order of Land, Buildings and Equipment.) : : Grouper Company Balance Sheet (Partial) $ 69 $