CALCULATOR BACK Pine Company had the following assets on January 1, 2022 Useful Life Item Cost Purchase Date (in years) Salvage Value Machinery $71,000 Jan 1, 2012 10 $0 For dift 30,000 Jan 1, 2019 5 0 Truck 33.400 Jan 1, 2017 8 During 2022, each of the assets was removed from service. The machinery was retired on January 1. The fort was sold on June 30 for $12.000. The trude was discarded on December 31 Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on disposed assets. The company se nederdation depreciation was up to date as of December 31, 2021. (Credit account titles are automatically indented when the amount is entered on my is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Det Credit 3,000 (To record depreciation expense on for it)