Current Attempt in Progress Here are selected 2022 transactions of Monty Comparty. Jan. 1 Reticed a piece of mpchinery that was purchased on lanuary 1.2012. The machine cost $62,100 and had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2019. The computer cost $38,500 and had a useful life of 5 years with no salvage value. The computer was sold for $16,000 cash: Dec 31 Discarded a delivery truck that was purchased on January 1, 2018. The truck cosst $37,920. It was depreciated based on a 6 -year useful life with a $3,000 salvage value. Journalize ill ectries required on the above dates, including entries to updatedepreciation on assets disposed of whiere applicable. Monty Company uses straight-line depreciation, (Assume depreciation is up to date as of December 31. 202.1. Rist all debir entrles before credit entries. Credit account tities are automaticolly indented when amount is entered. Do not indent munualily. Record journol entries in the order presented in the problem. If no entry is mequired, select "No Entry' for the account titles and enter o for the dimounts