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Jan. 1 Retired a piece of machinery that was purchased on January 1,2010 . The machine cost 60,600 on that date, It had a useful

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Jan. 1 Retired a piece of machinery that was purchased on January 1,2010 . The machine cost 60,600 on that date, It had a useful life of 10 years with no residual value. June 30 Sold a computer that was purchased on January 1, 2017. The computer cost 37,500. It had a useful life of 5 years with no residual value. The computer was sold for 13,100. Dec. 31 Discarded a delivery truck that was purchased on January 1, 2016. The truck cost 34,500. It was depreciated based on a.6-year usefull life with 83,000 residual value. Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Wildhorse Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31.20193) (Credit account titles are automatically indented when amount is entered. Do not indent monemally. Record joumal entries in the order presented in the

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