On March $31,2024,$ the Herzog Company purchased a factory complete with vehicles and equipment. The allocation of the total purchase price of $$1,010,000$ to the various types of assets along with estimated useful lives and residual values are as follows:

Asset Cost Estimated Residual Value Estimated Useful Life $($in years$)$

Land $ $105,000$ N$/$A N$/$A

Building $510,000$ none $20$

Equipment $230,00012\%$ of cost $10$

Vehicles $165,000$ $ $15,00010$

Total $ $1,010,000$

On June $29,2025,$ equipment included in the March $31,2024,$ purchase that cost $$101,000$ was sold for $$81,000.$ Herzog uses the straight$-$line depreciation method for building and equipment and the double$-$declining$-$balance method for vehicles. Partial$-$year depreciation is calculated based on the number of months an asset is in service.

Required:

Compute depreciation expense on the building, equipment, and vehicles for $2024.$

Prepare the journal entries to record the depreciation on the equipment sold on June $29,2025,$ and the sale of equipment.

Compute depreciation expense on the building, remaining equipment, and vehicles for $2025.$