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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? $448,800 578,400 414,404 197,200

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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? $448,800 578,400 414,404 197,200 55,000 "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 $618,000 cash. View transaction list Journal entry worksheet

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