At December 31, 2025, Martinez Corporation reported the following plant assets.

At December 31, 2025, Martinez Corporation reported the following plant assets. During 2026, the following selected cash transactions occurred. Apr. 1 Purchased land for $2,774,200. May 1 Sold equipment that cost $756,600 when purchased on January 1,2019 . The equipment was sold for $214,370. June 1 Sold land for $2,017,600. The land cost $1,261,000. July 1 Purchased equipment for $1,387,100. Dec. 31 Retired equipment that cost $882,700 when purchased on December 31,2016 . No salvage value was received. (a) the problem stabement. Onelift account titles art automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Doste Account Titles and Explanation Debit cred (To recond sale of equemant] (To recond dispocal of opulemant)