Journalize the above transactiona iCredit oceount fiber are outomoticaly indertid when the arount is enteres De not indent manualy. If no entry is requird, sedect "No Entry for the ococount tiller and enter ofor the anounts) Record any adustirg entries for depreciation required at December 31 ICredit account tibles are dutomatically indented when the amount is entered, Do not indent manually, If no entry is nequired, selec "No Entry' for the account tilles and enter 0 for the armounts) Prepare the property. plant, and equipment section of the company/s statement of financial position at December 31. (tht Property, Plant and Equibment in order of tand Bullifings and Equipment.) At danuary 1,2022, Carla Vista Co reported the following property. plant, and equipment iccounts: The company user straipht-line depreciation for buldires and equipment, its year-end is December 31 , and it makis ad, ustingentrks annually. The buildings are estimated to heve-a 40 -year useturlife and no salvage value; the equipment is petimated to hime a 10 -year isefulife and no salvagevalue During 2022 the following selected transactions occurred. Apr, 1 Purchwsed land for $4.90 million. Paid $1225 million cash and issued a 3 -year, 6\% note payabiefor the balance: Interest on the rote is piyable annually each April 1 May 1 Sold equipment for $270.000 caah. The equipment cost $2.46 million when originalifypurchased on January 22014 June1 Sold land for $3,90 malion Received $780,000 cashand accepted a 3year, 536 note for the balance. Theland cost $1.80 million whicn purchased on June 1,2016, Interest on the notels due arnually each fune 1. July 1 Purchased equipment for 5230 milion cash. Deci31 Rotired equlement that coat 51 miltion whsn purchased on December 31. 2012 No procteds ware received