Here are selected 2025 transactions of Swifty Corporation. Jan.1 Retired a piece of machinery that was purchased on January 1,2015. The machine cost $61,300 and had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2023. The computer cost $35,200 and had a useful life of 4 years with no salvage value. The computer was sold for $5,700 cash. Dec. 31 Sold a delivery truck for $9,500 cash. The truck cost $23,000 when it was purchased on January 1, 2022, and was depreciated based on a 5 -year useful life with a $4,000 salvage value. Here are selected 2025 transactions of Swifty Corporation. Jan.1 Retired a piece of machinery that was purchased on January 1,2015. The machine cost $61,300 and had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2023. The computer cost $35,200 and had a useful life of 4 years with no salvage value. The computer was sold for $5,700 cash. Dec. 31 Sold a delivery truck for $9,500 cash. The truck cost $23,000 when it was purchased on January 1, 2022, and was depreciated based on a 5 -year useful life with a $4,000 salvage value