On May 1, 2030, Sandia Mountain Country Club purchased a new commercial mower for $42,800. The mower is expected to have a 10-year life with a $6,800 salvage value. Assets Cash Chart of Accounts Liabilities Accounts Payable Stockholders Equity Common Stock 4 Accounts Receivable Uneamed Revenue Retained Earnings Allowance for Doubtful i Interest Payable Sales Revenue Accounts Inventory Taxes Payable Supplies Notes Payable Prepaid Insurance Equipment Building Sales Returns and Allowances Sales Discounts Cost of Goods Sold Bad Debt Expense Depreciation Expense Land Accumulated Depreciation Insurance Expense Wages and Salaries Expense 2 What journal entry would Sandia make on December 31, 2030, it it uses straight-line depreciation? List debit tractions fiest and then it credit transactions Use accounts provided in the Chart of Accounts above De NOT create your own 10 = L 4 3 4 O 7 B E R T Y 3 = 9 O O P S D F G H J K L x 20 mand C V B N M V 4 command