At December 31, 2025, Swifty Corporation reported the following plant assets. During 2026, the following selected cash transactions occurred. Apr. 1 Purchased land for $3,192,200. May 1 Sold equipment that cost $870,600 when purchased on January 1, 2019. The equipment was sold for $246,670. June 1 Sold land for $2.321,600, The land cost $1,451,000. July 1 Purchased equipment for $1.596,100. Dec. 31 Retired equipment that cost $1,015,700 when purchased on December 31,2016 , No salvage value was recelved. Journalize the transactions. (Hint You may wish to set up T-accounts, post beginning balances, and then post 2026 trarsactions) Swifty uses straight-line depreciation for buldings and equipment. The buldiess are estimated to have a 40 -year uscful life and no salvage value; the equipenent is estimated to have a 10 year useful life and no salvage value Update deprecibtion on assets disposed of at the time of sale or retir ement. Rist oll debit entries before credit entries. Record entries in the order disployed in the problem staternent Credit account tieles ore dutomaticoly indented when amount is entered. Do not indent manually. If no entry is required, select ' Wb Entry' for the occount thles and enter Ofor the ambunts. Record adjusting entries for depreciation for 2026. (List debit entry before credit entry. 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 O for the amounts.)