Did understand how to figure out the accumulated depreciation buildings and equipment

At January 1, 2022, Sheridan Company reported the following property, plant, and equipment accounts: Accumulated depreciation--buildings $64,150,000 Accumulated depreciation-equipment 53,500,000 Buildings 97,500,000 Equipment 150,200,000 Land 22,400,000 The company uses straight-line depreciation for buildings and equipment, its year-end is December 31, and it makes adjusting entries annually. and no salvage value; the equipment is estimated to have a 10-year useful life and no salvage value. During 2022, the following selected transactions occurred: Apr.1 Purchased land for $4.60 million. Paid $1.150 million cash and issued a 3-year, 6% note payable for the balance. Interest on the note is payable annually each April 1. May 1 Sold equipment for $340,000 cash. The equipment cost $3.60 million when originally purchased on January 1, 2014. June 1 Sold land for $4.32 million. Received $660,000 cash and accepted a 3-year, 5% note for the balance. The land cost $1.20 million when purchased on June 1, 2016. Interest on the note is due annually each June 1. July 1 Purchased equipment for $2.40 million cash. Dec. 31 Retired equipment that cost $1 million when purchased on December 31, 2012. No proceeds were received t received, SHERIDAN COMPANY Statement of Financial Position (Partial) December 31, 2022 Property, Plant and Equipment Land 25,800,000 Buildings 97,500,000 Less : Accumulated Depreciation-Buildings Equipment 148,000,000 Less : Accumulated Depreciation-Equipment Total Property, Plant and Equipment e Textbook and Media