CV CC is a raw food trading company. On December 31, 2018, the Balance Sheet for CV CC shows fixed assets as follows: $ 35,000,000 14,400,000 4,200,000 Land Buildings Accumulated Depreciation - Buildings Equipment Accumulated Depreciation - Equipment Vehicles Accumulated Depreciation - Vehicles Patents Trademarks Mineral Reserve Total Fixed Assets $ 18,500,000 (4,100,000) 5,000,000 (800,000) 9,000,000 (3,800,000) 38,000,000 45,000,000 5,200,000 83,000,000 5,200,000 The company has a policy to depreciate buildings and equipment using the straight-line method, where buildings are estimated to have a useful life of 20 years, while equipment has 10 years. Vehicles are depreciated using double declining balance method with an estimated useful life of 5 years. Patents and trademarks have a useful life of 25 years and will be amortized using the straight-line method. The company lifted 100,000 tonnes of 520,000 tonnes estimated mineral reserves during the year. All fixed assets have no residual value. The following events regarding fixed assets during 2019: Feb 2 Purchased a building at $ 2,500,000 in cash Apr 1 Sold equipment for $450,000. This equipment was purchased at the end of 2017 at a price of $ 520,000 Jun 30 Sold land purchased 4 years ago for $ 1,200,000. Four years ago the land was bought for $ 550,000 Jul 1 Won a case in court over a patent. The expenditure for the case is $3,000,000 Aug 31 Threw away a car purchased on March 1, 2016. The car was purchased for $ 3,000,000 Sep 1 Bought a new car to replace a dumped car. This new car is worth $ 1,200,000 Oct 3 Sold a building worth $ 600,000. This building was obtained on July 1, 2002 at a price of $ 1,300,000 Dec 1 Purchased equipment worth $ 240,000 in cash INSTRUCTIONS: Make the necessary journals of the above transaction (Hint: including depreciation at retirement)