Here are selected $2027$ iransactions of Switty Corporation.

Jan. $1$ Retired a piece of machinery that was purchased on January $1,2017.$ The machine cost $$61,300$ and had a useful life of $10$ vears with no salvage value.

June Sold a computer that was purcliased on January $1,2025.$ The computer cost $$35,200$ and had a useful life of $4$ years with $30$ no salvage value. The computer was sold for $$5,700$ cash.

Dec. Sold a delivery truck for $$9,500$ cash. The iruck cost $$23,000$ when it was purchased on January $1,2024,$ and was $31$ depreciated based on a $5-$year usefuil life with a $$4,000$ salvage value.

Prepare a tabular summary to record all transactions described on the above dates. Update depreciation on assets disposed of$,$ where applicabie Swifty Corporation uses straight$-$line depreciation.

Decreases in assecs, liabilities or stockholders' equity require a negative sign or parentheses.

Increases in apenses and losses require a negative sign or parentheses.

Increases in Acamulated Depreciation require a nesative sign or parentheses.

Decrease in Accumulated Depreclation are entered as postive amounts.