O O Question 22 of 40 -/5 View Policies Current Attempt in Progress Here are selected 2022 transactions of Flounder Company Jan 1 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $62,400 and had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2019 The computer cost $35.500 and had a useful life of 5 years with no salvage value. The computer was sold for $14.100 cash Dec. 31 Discarded a delivery truck that was purchased on January 1, 2018. The truck cost $36,660. It was depreciated based on a 6-year useful life with a $3,000 salvage value o 02 AC S Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of where applicable Flounder Company uses straight line depreciation. Assume depreciation is up to date as of December 31, 2021.) (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered, Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter for the amounts.) 22 Date Account Titles and Explanation Debit Credit JM1 Accumulated Depreciation Equipment 62400 M Equipment 62400 June 30 Depreciation Expense Accumulated Depreciation Foulment OP Ses Morded