Current Attempt in Progress Your answer is partially correct Jan 1 Here are selected 2022 trarnactions of Larkspur, India Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $62,400 and had a useful life of 10 years with no salvage value Sold a computer that was purchased on January 1, 2020. The computer cost $35,400 and had a useful life of 3 years with no salvage value. The computer was sold for 55,600 cash. Sold a delivery truck for $10,000 cash. The truck cost $31,050 when it was purchased on January 1, 2019, and was depreciated based on a 5-year useful life with a $3,000 salvage value June 30 Dec 31 Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable Larkspur to uses straight line depreciation (Assume depreciation is up to date as of December 31, 2021). (Credit occount titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter for the amounts. Do not round intermediate calculations) Date Account Titles and explanation Debit Credit an Accumulated Depreciation Equipment 62.400 29 stv A automatically indented when amount is entered. Do not inde entry is required, select "No Entry" for the account titles and enter for the amounts. Do not round intermediate calculations.) Debit Credit Date Account Titles and Explanation 62,400 Jan. 1 Accumulated Depreciation Equipment 62.400 Equipment 5900 June 30 Depreciation Expense 5900 Accumulated Depreciation Equipment (To record depreciation to date of disposal) 5,600 June 30 Cash 29500 Accumulated Depreciation Equipment 300 Loss on Disposal of Plant Assets 35.400 Equipment (To record sale of computer) 5610 Dec 31 Depreciation Expense 5610 Accumbeated Depreciation Equipment (To record depreciation to date of disposal) 10,000 Dec. 31 Cash 22440 Accumulated Depreciation Equipment 1390 Equipment 31.050 Gain on Disposal of Plant Assets (To record retirement of truck)