On March 31, 2024, the Herzog Company purchased a factory complete with vehicles and equipment. The allocation of the total purchase price of $950,000 to the various types of assets along with estimated useful lives and residual values are as follows: On June 29,2025 , equipment included in the March 31,2024 , purchase that cost $95,000 was sold for $75,000. 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: 1. Compute depreciation expense on the building, equipment, and vehicles for 2024. 2. Prepare the journal entries to record the depreciation on the equipment sold on June 29,2025 , and the sale of equipment. 3. Compute depreciation expense on the building, remaining equipment, and vehicles for 2025 . Complete this question by entering your answers in the tabs below. Prepare the journal entries to record the depreciation on the equipment sold on June 29,2025 , and the sale of equipment. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your final answers to nearest whole dollar