Endblast Productions showed the following selected asset balances on December 31, 2020: Land Building Accumulated depreciation, building? Equipment Accumulated depreciation, equipment $ 404,800 534,400 396,800 175,200 75,000 'Remaining estimated useful life is eight years with a residual value of $40.000, depreciated using the straight-line method to the nearest whole month 2Total estimated useful life is 10 years with a residual value of $16,000, deprecated using the double-declining-balance method to the nearest whole month Required: Prepare the entries for each of the following (Round intermediate calculations to the nearest whole dollar) 1. The land and building were sold on September 27 2021 for $545.000 cash. View transaction list Journal entry worksheet 1. The land and building were sold on September 27, 2021, for $545,000 cash. View transaction list Journal entry worksheet