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Here are selected 2022 transactions of Bramble Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost

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Here are selected 2022 transactions of Bramble Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2012. 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, 2020. The computer cost $35.400 and had a useful life of 4 years with no salvage value. The computer was sold for $5.500 cash. Dec. 31 Sold a delivery truck for $9.450 cash. The truck cost $24,000 when it was purchased on January 1, 2019, and was depreciated based on a 5-year useful life with a $3,700 salvage value. Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of where applicable. Bramble 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 for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 Accumulated Depreciation Equipment 62.200 Equipment 62200 June 30 Depreciation Expense Accumulated Depreciation Equipment (To record depreciation expense) Cash Accumulated Depreciation Equipment June 30 Depreciation Expense Accumulated Depreciation Equipment (To record depreciation expense) Cash Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment (To record sale of computer) Depreciation Expense Dec 31 Accumulated Depreciation Equipment (To record depreciation expense) Cash Accumulated Depreciation Equipment Gain on Disposal of Plant Assets Equipment (To record sale of delivery truck) Dec. 31 Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation expense) Cash Accumulated Depreciation Equipment Gain on Disposal of Plant Assets Equipment (To record sale of delivery truck)

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