Cullumber Computer Company sold two pieces of equipment in $2028.$ The following information pertains to the two pieces of equipment:

$\backslash$table$[[$Machine$,$Cost,$\backslash$table$[[$Purchase$],[$Date$]],\backslash$table$[[$Useful$],$Machine #$1$

$100\%0$

$2/4$

Year

$2024$

$2025$

$2026$

$2027$

$2028$

$

Annual

Depreciation

$7200$

$14400$

$14400$

$14400$

$7200$

$

Accumulated Depreciation

$7200$

$21600$

$36000$

$50400$

$57600$

Machine #$2$

Year

$2027$

$2028$

$

Annual

Depreciation

$34200$

$20520$

Accumulated Depreciation

$34200$

$54720$

Prepare the journal entries in $2028$ to record $2028$ depreciation and the salUsefule of each piece of equipment. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

Machine $1$

Account Titles and Explanation

Debit

Credit

$($To record depreciation expense$)$

$($To record sale of equipment$)$

Machine $2$

Account Titles and Explanation

Debit

Credit

$($To record depreciation expense$)$

$($To record sale of equipment$)$Life$]],\backslash$table$[[$Salvage$],[$Value$]],\backslash$table$[[$Depreciation$],[$Method$]],\backslash$table$[[$Date$],[$Sold$]],\backslash$table$[[$Sales$],[$Price$]]],[$#$1,$$$77,400,\frac{7}{1}\frac{?}{24},5$ yrs$.,$$$5,400,$Straight$-$line,$\frac{7}{1}\frac{?}{28},$$$18,000$