Exercise 9-10 Here are selected 2022 transactions of Sheffield Corporation. Jan. 1 June 30 Dec. 31 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $62,000 and had a useful life of 10 years with no salvage value. Sold a computer that was purchased on January 1, 2020. The computer cost $35,200 and had a useful life of 4 years with no salvage value. The computer was sold for $5,900 cash. Sold a delivery truck for $9,210 cash. The truck cost $23,000 when it was purchased on January 1, 2019, and was depreciated based on a 5-year useful life with a $4,000 salvage value. Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Sheffield Corporation uses straight-line depreciation. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Credit Date Jan. 1 Account Titles and Explanation Accumulated Depreciation Equipment Debit 62000 62000 June 30 (To record depreciation expense) (To record sale of computer) (To record sale of computer) Dec. 31 ) (To record depreciation expense) (To record sale of delivery truck)