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concord company. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2025. The machine cost $61,300 and had a useful life
concord company. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2025. The machine cost $61,300 and had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2023. The computer cost $35,000 and had a useful life of 4 years with no salvage value. The computer was sold for $4,400 cash. Dec. 31 Sold a delivery truck for $9450 cash. The truck cost $24,700 when it was purchased on January 1, 2022 and it was depreciated based on a
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