Journalize these 4 transactions.

Mayfield Inc. Jan 3 Sold equipment with accumulated depreciation of $ 65,000 (cost of $ 132,000) for $72,000. Purchased similar new equipment for $180,000 cash. Jun 30 Sold a building that had a cost of $ 660,000 and had accumulated depreciation of $ 135,000 through December 31 of the preceding year. Depreciation is computed using the straight-line method. The building has a 40-year useful life and a residual value of $ 220,000. Mayfield received $ 105,000 cash and a $ 414,500 note receivable. Oct 31 Purchased land and a building for a single price of $ 370,000 cash. An independent appraisal valued the land at $ 147,000 and the building at $ 273,000. Dec 31 Recorded depreciation as follows: Equipment has an expected useful life of ten years and an estimated residual value of 12% of cost. Depreciation is computed using the double-declining-balance method. Depreciation on buildings is computed using the straight-line method. The new building carries a 40- year useful life and a residual value equal to 20% of its cost