Oriole Company had the following assets on January 1, 2022.

Item		Cost		Purchase Date		Useful Life (in years)		Salvage Value
Machinery		$74,000		Jan. 1, 2012		10		$ 0
Forklift		33,000		Jan. 1, 2019		5		0
Truck		39,400		Jan. 1, 2017		8		3,000

During 2022, each of the assets was removed from service. The machinery was retired on January 1. The forklift was sold on June 30 for $12,300. The truck was discarded on December 31. Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on disposed assets. The company uses straight-line depreciation. All depreciation was up to date as of December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.

To record depreciation expense on forklift

to record sale of forklift

To record depreciation expense on truck

To record sale of truck