CES ing Exercise 9-8 Here are selected 2017 transactions of Blue Corporation Jan. 1 Retired a piece of machinery that was purchased on January 1, 2007. The machine cost $61,100 and had a useful life of 10 years with no salvage value une Sold a computer that was purchased on January 1, 2015. The computer cost $36,000 and had a useful life of 4 years with no salvage value. The computer was 30 sold for $4,300 cash. Dec. Sold a delivery truck for $9,090 cash. The truck cost $24,800 when it was purchased on January 1, 2014, and was depreciated based on a 5-year useful life with 31 a $4,100 salvage value. Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Blue Corporation uses straight-line depreciation. (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 tities and enter 0 for the amounts.) Date Account Titles and Explanatior Debit Credit t 5an. 1Accumulated Depreciation Equipment dy 611 6210 Equipment )[ 430011 une 30 Cash Accumulated Depreciation-Equipment (To record depreciation expense for 2017) Expense s on Disposal of Plant Assets CALCULAT CES ting (To record sale of computer) (To record depreciation expense for 2017) dy (To record sale of delivery truck)