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Here are selected 2022 transactions of Larkspur, Inc. 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 Larkspur, Inc. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $62,400 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 3 years with no salvage value. The computer was sold for $5,600 cash. Dec 31 Sold a dellvery truck for $10,000 cash. The truck cost $31,050 when it was purchased on January 1, 2019, and was depreciated based on a 5-year useful life with a $3,000 salvage value. (To record depreciatlon to date of dlsposal) June 30 (To record sile of computer) (To record depreclation to date of disposal) Dec31 (To record retirement of truck

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