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Hereare selected 2022 transactions of Akron Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $62,000

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Hereare selected 2022 transactions of Akron Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $62,000 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 $36,000 and had a useful life of 3 years with no salvage value. The computer was sold for $5,000cash. Dec. 31 Sold a delivery truck for $9,000 cash. The truck cost $25.000 when it was purchased on January 1,2019 , and was depreciated based on a 5 -year useful life with a $4,000 salvage value. Journalize all entries required on the above dates, induding entries to update depreciation on assets disposed of, where applicable. Akron Corporationuses straisht- ine depreciation (Assume depreciation is up to dateas of December 31,2021). (Credit account titles are automatically indented when omount is entered. Do not indent manually Record joumal entries in the order presented in the problem. If no (To record depreciation to date of disposal) June 30 (Torecord sale of computer) (To record depreciation to date of disposal) Dec, 31 (To record retirement of truck) eTextbook and Media

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