only First task, please!

I.Exercise At December 31, 2012, Alina Company reported the following as plant assets. Land Building S25,500,000 Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation equipment Total plant assets 12,100,000 13.400,000 40,000,000 5,000,000 35,000,000 $51,400,000 During 2013, the following selected cash transactions occurred. April 1 May 1 July 1 June 1 Purchased land for $2,130,000. Sold land purchased on June 1, 2003 for $1,500,000. The land cost $400,000. Purchased equipment for $2,000,000. Sold equipment that cost $780,000 when purchased on January 1, 2009. The equipment was sold for $450,000. Retired equipment that cost $500,000 when purchased on December 31, 2003. No salvage value was received. Dec. 31 Instructions a) Journalize the above transactions. The company uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 40-year life and no salvage value. The equipment is estimated to have a 15-year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement. b) Record adjusting entries for depreciation for 2013