Help System Announcements CALCULATOR ENTER VERSION BACK NEAT Sheridan Company had the following assets on January 1, 2022 Usefuture Item Cost Purchase Date (in years) Salvage Value Machinery $64.000 Jan 1, 2012 10 50 Fork 23,000 Jan 1, 2019 5 0 Truck 29.400 Jan 1, 2017 8 3,000 During 2022, each of the stets was removed from service. The machinery was retired on January 1. The for it was sold on June 30 for $11,100. The truck was discarded on December 31 Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on disposed assets. The company uses straight line depreciation. All depreciation was up to date as of December 31, 2021. (Credit account titles are automatically indented when the amount is enterer. De norindent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Accounties and Explanation Debit Credit (To record depreciation expense on forint) . (To record sale of forint) t (To record deprecation expense on truck) (To record depreciation expense on forklift) (To record sale of forklift) (To record depreciation expense on truck) (To record sale of truck) Click If you would like to Show Work for this question Open Show Work