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Bendix Corporation's schedule of depreciable assets at December 31, Year 3, is presented below. Bendix records a full year's depreciation expense in the year of

Bendix Corporation's schedule of depreciable assets at December 31, Year 3,
is presented below. Bendix records a full year's depreciation expense in the
year of an asset's acquisition and no depreciation expense in the year of an asset's disposition.
The estimated useful life of each depreciable asset is 5 years.
Balances below represent ledger amounts prior to recording depreciation for year 4.
Accumulated Acquisition Salvage Depreciable
Equipment Cost Depreciation Date Value Cost
A $120,000 $0 Year 1 $10,000 $110,000
B 60,000 0 Year 1 8,000 $52,000
C 50,000 0 Year 2 6,000 $44,000
$230,000 $0 $24,000
A. Complete the schedule of depreciation for Year 4 showing depreciation for each asset.
B. Prepare the journal to record depreciation for Year 4.
C. On January 1, Year 5 Bendix sold Asset A For $30,000. Record the JE for the sale
D. On January 2, Year 5 Bendix sold Asset B for $10,000. Record the JE for the sale.

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