her Company had the following to any 2002 Item Cost Useful Lite Purchase Daten years) Salvage Value Machinery Jan 1, 2012 For $70.000 35.000 41.400 Jan. 1. 2019 Truck Jan 1, 2017 3.000 Dung 2002. atharthemes was removed from the machinery was retired on May. The 12. Th e Date Account Titles and Explanation an Am ed Depreciation Cash 76000 Equipment June 30 Depreciation Expense Accumulated Depreciation Equipment (To record depreciation expense on forklift) June 30 Cash 12500 Accumulated Depreciation Equipment Equipment 35000 Gain on Disposal of Plant Assets (To record sale of forklift) Dec 31 Depreciation Expense Accumulated Depreciation Equipment (To record depreciation expense on truck) Dec 31 Accumulated Depreciation Equipment Loss on Disposal of Plant Assets Equipment (To record sale of truck) List of Accounts