Furst picture is the information, all boxes need to be filed in

Journalize the above transactions. The company uses straight-line depreciation for bulidings and equipment. The buldings are estimated to have a 50 -vear life and no salvage value. The equipment is estimated to have 710 -year useful Ife and no salvage. value. Update depreciation on assets disposed of at the time of sale or retirement. (List all debit entries before credit entries. Credit account titles are outamatically indented when amount is entered. Do not indent manubliy. Recond journal entries in the onder presented in the problem. If no entry is required, select "No Entry" for the account tities and enter O for the amounts) Question 1 of 1 1.08/5 Gainon Oinposal of Plant Assets (To record sale of equipment) tune 1 of Eis 1560000 Land Cainon Dipoual of Frant Assets: \begin{tabular}{|r|} \hline 403000 \\ \hline 1157000 \\ \hline \end{tabular} July 1 Equipment Cast Dec31y roupment Mccumilated Derectision Cankonent (To record depreciation) (To recoed retirement of equipment) Prepare the plant assets section of Bridgeports balance sheet at December 31, 2023, Aht Plant Assets in onder of Land, Bullelings: and Eoutpment] Current Attempt in Progress At December 31, 2022, Bridgeport Company reported the following as plant assets. During 2023 , the following selected cash transactions occurred. April 1 Purchased land for $2,050,000. May 1 Sold equipment that cost $1,020,000 when purchased on January 1.2019. The equipment was sold for $612,000. June 1 Sold land purchased on June 1,2013 for $1,560,000. The land cost $403,000. July 1 Purchased equipment for $2,580,000 Dec 31 Retired equipment that cost $490,000 when purchased on December 31,2013. Record adjusting entries for depreciation for 2023. Iht al debit entries before credit entrles, Credit occount tides are automatically indented when amount is entered, Do not indent monuclly, Recond foumal entries in the order presented in the nmolem. If no entry if required, select "No Entry" for the occount tities and enter ofor the amounts)