Here are selected 2014 transactions of Cleland Corporation.

Jan. 1	Retired a piece of machinery that was purchased on January 1, 2004. The machine cost $61,880and had a useful life of10years with no salvage value.
June 30	Sold a computer that was purchased on January 1, 2012. The computer cost $36,600and had a useful life of4years with no salvage value. The computer was sold for $4,670cash.
Dec. 31	Sold a delivery truck for $9,460cash. The truck cost $24,250when it was purchased on January 1, 2011, and was depreciated based on a5-year useful life with a $3,510salvage value.

Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Cleland 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.)

Date	Account Titles and Explanation	Debit	Credit
June 30Dec. 31Jan. 1
Dec. 31June 30Jan. 1
(To record depreciation expense for the first 6 months of 2014)
Jan. 1June 30Dec. 31
(To record depreciation expense for the year 2014)

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