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Here are selected 2027 transactions of Bramble Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1,2017 . The machine cost
Here are selected 2027 transactions of Bramble Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1,2017 . The machine cost $61,900 and had a useful life of 10 years with no salvage value. June Sold a computer that was purchased on January 1,2025 . The computer cost $35,800 and had a useful life of 4 years w 30 no salvage value. The computer was sold for $4,300 cash. Dec. Sold a delivery truck for $9,450 cash. The truck cost $23,800 when it was purchased on January 1,2024 , and was 31 depreciated based on a 5-year useful life with a $3,300 salvage value. Prepare a tabular summary to record all transactions described on the above dates. Update depreciation on assets disposed of, wh applicable. Bramble Corporation uses straight-line depreciation. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses and losses require a negative sign or parentheses. - Increases in Accumulated Depreciation require a negative sign or parentheses. - Decreases in Accumulated Depreciation are entered as postive amounts. \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{8}{|c|}{ Stockholders' Equity } \\ \hline & \multirow[b]{2}{*}{ Common Stock } & \multicolumn{6}{|c|}{ Retained Earnings } \\ \hline & & + & Revenue & - & Expense & - & Dividend \\ \hline$ & & $ & & $ & & $ & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline \end{tabular}
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