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Endblast Productions showed the following selected asset balances on December 31, 2020 Land Building Accumulated depreciation, building Equipment Accumulated depreciation, equipment $456,800 586,400 417,600 201,200

Endblast Productions showed the following selected asset balances on December 31, 2020 Land Building Accumulated depreciation, building Equipment Accumulated depreciation, equipment $456,800 586,400 417,600 201,200 10,000 Remaining estimated useful life is eight years with a residual value of $60,000; depreciated using the straight-line method to the nearest whole month. 2Total estimated useful life is 10 years with a residual value of $24,000: depreciated 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 $645,000 cash. View transaction st 1 Record building depreciation for 2021. 2 Record sale of land and building. x 2. The equipment was sold on November 2, 2021, for $95,300 cash. View transaction list 1 Record the equipment depreciation for 2021. 2 Record sale of equipment. journal entry has been entered Note: Record entry Credit View general journal Clear entry

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