March 11 Morgan Hartley invested an additional $5,000 into the business.

April 1 Disposed of a cash register (Store Equipment) originally costing $675 with a $75 salvage value

Depreciation is computed on a monthly basis with adjusting entries made at the end of each year.

Depreciation after eight years of use was $480 as of December 31. The cash register had an estimated life of 10 years.

Solve and Journalize.