Here are selected 2022 transactions of Blue Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $61,100 and had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2020. The computer cost $ 36,000 and had a useful life of 4 years with no salvage value. The computer was sold for $4,300 cash. Dec. 31 Sold a delivery truck for $ 9,090 cash. The truck cost $ 24,800 when it was purchased on January 1, 2019, and was depreciated based on a 5-year useful life with a $4,100 salvage value. Prepare a tabular summary to record all transactions described on the above dates. Update depreciation on assets disposed of, where applicable. Blue Corporation uses straight-line depreciation. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Cash + Equipment Accum. Depr. - Equip. Jan. 1 $ i $ -61100 $ June 30 i i 4300 -36000 Dec. 31 i i 9090 -24800 e Textbook and Media Save for Later Here are selected 2022 transactions of Blue Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $61,100 and had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2020. The computer cost $ 36,000 and had a useful life of 4 years with no salvage value. The computer was sold for $4,300 cash. Dec. 31 Sold a delivery truck for $ 9,090 cash. The truck cost $ 24,800 when it was purchased on January 1, 2019, and was depreciated based on a 5-year useful life with a $4,100 salvage value. Prepare a tabular summary to record all transactions described on the above dates. Update depreciation on assets disposed of, where applicable. Blue Corporation uses straight-line depreciation. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnings le Expense Dividend i $ i $ 1 Amortization expense i i Depreciation expense i i Loss on disposal i i Depreciation expense 850 i Gain on disposal