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Question 2 of 9 0.93 / 1 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Here are selected 2022 transactions of Blue Corporation. Jan. 1 June 30 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $61,100 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 $36,000 and had a useful life of 4 years with no salvage value. The computer was sold for $4,300 cash. Sold a delivery truck for $9,090 cash. The truck cost $24,800 when it was purchased on January 1, 2019, and was depreciated based on a 5-year useful life with a $4,100 salvage value. Dec. 31 Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Blue Corporation uses straight-line depreciation. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 Accumulated Depreciation-Equipment 61100 Equipment 61100 June 30 Depreciation Expense 4500 Accumulated Depreciation Equipment 4500 (To record depreciation expense) Accumulated Depreciation Equipment 22500 Cash 4300 Loss on Disposal of Plant Assets 9200 Equipment 36000 (To record sale of computer) Dec. 31 A depreciation expense 4140 Accumulated Depreciation-Equipment 4140 (To record depreciation expense) Accumulated Depreciation Equipment Cash 9090 Equipment Gain on Disposal of Plant Assets