At December 31,2017, Bramble Corporation reported the following plant assets Land Buildings Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation-equipment Total plant assets $4,278.000 $26,530,000 17,005,050 57,040,000 7130,000 9,524.950 49910.000 $63.712.950 oure 20seced ath tanactio.ocred During 2018, the fol Apr. 1 Purchased land for $3,137.200. May 1 Sold equipment that cost $855,600 when purchased on January 1, 2011. The equipment was sold for $242,420. June 1 Sold land for $2.281,600. The land cost $1,426,000. July 1 Purchased equipment for $1,568,600. Dec. 31 Retired equipment that cost $998,200 when purchased on December 31,2008. No salvage value was received Journalize the transactions. Bramble 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 titles 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) DateAccount Titles and Explanation Debit Credit : April 1 Land 3,137,200 Cash 3,137 200 May 1 D Accumulated Depreciat (To record depreciation on equipment sold) Cash Accumulated Depreciation-Equipment Equipment Gain on Disposal of Plant Assets June 1 | Cash Land Gain on Disposal of Land July 1 Record adjusting entries for depreciation for 2018.(Credit account titles are automatically Indented when amount is entered. Do not Indent manually. If n entry is required, select "No Entry" for the account titles and enter O for the amounts) Date Account Titles and Explanation Debit Credit Dec. 31 To record depreciation on buildings.) Dec. 31 (To record depreciation on equipment.) eTextbook and Media List of Accounts Prepare the plant assets section of Bramble's balance sheet at December 31.2018.(Hint You may wish to set up T accounts, post beginning balances and then post 2018 transactions.) (List Plant Assets in order of Land,Building and Equipment) BRAMBLE CORPORATION Partial Balance Sheet eTextbook and Media List of Accounts