Current Attempt in Progress Ivanhoe Company had the following assets on January 1,2025. During 2025, each of the assets was removed from service. The machinery was retired on January 1 . The forklift was sold on June 30 for \$12,200. The truck, was discarded on December 31 . Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on disposed assets. The company uses straight-line depreciation. All depreciation was up to date as of December 31, 2024. (List all debit entries before credit entries. Credit occount titles are autamatically indented when the arnount is entered. Do not indent manualiy. If no entry is required, select "No Entry for the account titles and enter of for the amounts. Date Account Titles and Explanation Debit Credit (To record depreciation expense on forkift) (To record sale of forkift) (To record depreciation expense on truck) (To recond disposal of truck)