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Here are selected 2022 transactions of Sarasota Corporation Jan, 1 June 30 Retired a piece of machinery that was purchased on January 1, 2012. The

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Here are selected 2022 transactions of Sarasota Corporation Jan, 1 June 30 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $61,500 and had a useful life of 10 years with no salvage value. Sold a computer that was purchased on January 1, 2020. The computer cost $36,400 and had a useful life of 4 years with no salvage value. The computer was sold for $4,100 cash. Sold a delivery truck for $9,300 cash. The truck cost $24,600 when it was purchased on January 1, 2019, and was depreciated based on a 5-year useful life with a $3.700 salvage value, Dec. 31 Prepare a tabular summary to record all transactions described on the above dates. Depreciation was last recorded on December 31 2021. Update depreciation on assets disposed of, where applicable. Sarasota 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 June 30 transaction couses a decrease in Assets, Liabilities or Stockholders' Equity place a negative sien for 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 $ $ $ June 30 Dec. 31 e Textbook and Media Save for Later Submit Answer Last saved 3 minutes ago Attempts: 0 of 3 used bet disposed of, where applicable. Sarasota Corporation uses straight-line depreciation of a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sin for parentheses) in front of the amount entered for the particular Asset, Lability or Equity item that was reduced.) Stockholders' Equity Retained Earnings Common Stock Revenue Expense Dividend $ $ I eTextbook and Media Save for Later Last saved 3 minutes ago Attempts: 0 of 3 used Submit

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