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 Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable Grouper 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 If no entry is required, select No Entry for the account titles and enter 0 for the amounts ) Date Account Titles and Explanation Debit Credit To record sale of computer) (To record sale of delivery truck)

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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

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.

Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Grouper 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. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) image text in transcribed

Date Account Titles and Explanation Debit Credit To record sale of computer) (To record sale of delivery truck)