Here are selected 2022 transactions of Crane Corporation Dan 1 Retired a piece of equipment that was purchased on January 1, 2012. The equipment cost $49,500 and had a surfe of 10 years with no salvage value June 30 Sold equipment that was purchased on January 1, 2020. The equipment cost $70,200 and had a useful le of years with no salvage value. The equipment was sold for 58,100 Dec 31 Sold equipment for $11,250 cash. The equipment cost $38,700 when it was purchased on January 1, 2019, and was deprecated based on a 5-year seule with a $2.700 e value Journalize all entries required on the above dites, including entries to update depreciation on its disponed of, where applicable. Crane Corporation uses the depreciation (Credit account titles are automatically indented when the amount le entered. Do not indent manually. If entry is required, select "Wo Entry for the accounts and coloro for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Det Credit Jan 1 Accumulated Depreciation Equipment quipment June 30 Deprecationen Accumulated Depreciation Event To record depron) June 30 Cash Accred Doment Dec. 31 (To record depreciation) June 30 (To record sale of equipment)