Exercise 10-09 Presented below are selected transactions at Concord Company for 2020. lan 1 Retired a piece of machinery that was purchased on January 1, 2010. The machine cost $60,600 on that date. It had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2017. The computer cost $38,000. It had a useful life of 5 years with no salvage value. The computer was sold for $13.400 Dec 31 Discarded a delivery truck that was purchased o) January 1, 2016. The truck cost $35,420. It was depreciated based on a 6-year useful life with a $3,000 salvage value loumalize all entries retired on the above dates including entries to undate correlation with Journalize al entries required on the above dates, including entries to update depredation, where applicable, on assets disposed of. Concord Company use (Assume depreciation is up to date as of December 31, 2019.) (Credit account titles are automatically indented when amount is entered. Do not journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter for the am Date Account Titles and Explanation Debit Credit (To record depreciation to date of disposal) (To record sale of computer) (To record depreciation to date of disposal) (10 e veprendum o udle of disposal) Dec. 31 (To record retirement of truck)