chap 7 and 8 monday group Laved Endblast Productions showed the following selected asset balances on December 31, 2020 Land Building Accumulated depreciation, building Equipment Accumulated depreciation, equipment? $400,800 530,400 395,200 173,200 75,400 'Remaining estimated useful life is eight years with a residual value of $40.000; depreciated using the straight-line nearest whole month 2Total estimated useful life is 10 years with a residual value of $16,000, depreciated using the double-declining-bal nearest whole month Required: Prepare the entries for each of the following. (Round intermediate calculations to the nearest whole dollar) 1. The land and building were sold on September 27, 2021, for $593,000 cash View transaction list Journal entry worksheet chap 7 and 8 monday group Laved Endblast Productions showed the following selected asset balances on December 31, 2020 Land Building Accumulated depreciation, building Equipment Accumulated depreciation, equipment? $400,800 530,400 395,200 173,200 75,400 'Remaining estimated useful life is eight years with a residual value of $40.000; depreciated using the straight-line nearest whole month 2Total estimated useful life is 10 years with a residual value of $16,000, depreciated using the double-declining-bal nearest whole month Required: Prepare the entries for each of the following. (Round intermediate calculations to the nearest whole dollar) 1. The land and building were sold on September 27, 2021, for $593,000 cash View transaction list Journal entry worksheet