Here are selected 2017 transactions of Grouper Corporation.

Jan. 1 Retired a piece of machinery that was purchased on January 1, 2007. The machine cost $62,200 and had a useful life of 10 years with no salvage value.

June 30 Sold a computer that was purchased on January 1, 2015. The computer cost $36,400 and had a useful life of 4 years with no salvage value. The computer was sold for $4,500 cash.

Dec. 31 Sold a delivery truck for $9,310 cash. The truck cost $25,000 when it was purchased on January 1, 2014, and was depreciated based on a 5-year useful life with a $3,200 salvage value.

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

Liabilities Stockholders Equity Assets Retained Earnings Expense +Common Stock Accum. Depr.-Equip. Cash Equipment Dividend Jan, 1 $ June 30 Dec. 31