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please answer this question correctly Your answer is partially correcti Here are selected 2022 transactions of Sandhill Corporation Jan. 1 Retired a piece of furniture

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Your answer is partially correcti Here are selected 2022 transactions of Sandhill Corporation Jan. 1 Retired a piece of furniture that was purchased on January 1, 2012. The furniture cost $73,600 and had a useful life of 10 years with no residual value. June 30 Sold equipment that was purchased on January 1, 2020. The equipment cost $46,800 and had a useful life of 3 years with no residual value. The equipment was sold for $6,000 cash. Dec 31 Sold a vehicle for $11,200 cash. The vehicle cost $30,000 when it was purchased on January 1, 2019, and was depreciated based on a 5-year useful life with a $4.400 residual value. o Sandhill Corporation uses straight-line depreciation. Prepare all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem. I no entry is required, select "No Entry" for the account tities and entero for the amounts.) Date Debit Credir Account Titles and Explanation Accumulated Depreciation - Furniture Jan 13.600 Furniture 7000 June 30 Depreciation Expert 7800 Actuated in El los record de 30 Question 2 of 4 0.34/2 Date Debit Credit Account Titles and Explanation Accumulated Depreciation - Furniture Jan. 1 73.600 Furniture 73,600 June 30 v 7800 7800 Depreciation Expense Accumulated Depreciation - Equipment (To record depreciation expense.) Cash June 30 V 6.000 Accumulated Depreciation Equipment Loss on Disposal Equipment (To record the sale of equipment Depletion Expense Decal II III. TUTI DI OTTI Accumulated Depreciation Vehicles To record depreciation expense.) Dec Tour

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