Please follow the format and account title as attached, use the already solved and correct information attached to solve $($d$)$

$($To record depreciation expenses$)$ parenthesis e$.$g$.(15,000).)$

$1$ I:

$2$

Proceeds from Sale of Equipment

Purchase of Equipment

Payment under Right$-$of$-$Use Lease

$]$

$]$

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$($d$)$

Your answer is partially correct

$1$

Depreciation Expense on Equipment

$2$

$($d$)$

Your answer is partially correct.

Prepare the corresponding amounts to those prepared in part $($c$)$ for the operating activities section of the

statement of cash flows prepared using the indirect method. $($Show amounts that decrease cash flow with

either a negative sign e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

Depreciation Expense on Equipment $

Decrease in Interest Payable

Depreciation Expense on Equipment

Depreciation Expense on Right$-$of$-$Use Asset

Gain on Disposal of Equipment

Gain on Disposal of Land

Increase in Interest Payable

Loss on Disposal of Equipment

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Assistance Used

List of Accounts

Assistance UsedSarasota Mills Limited follows IFRS, has a calendar year end, and adopted the policy of classifying interest paid as financing activities. It engaged in the following transactions in $2023$ :

$$2,900$ and had a carrying amount of $$700$ was discarded, and new equipment was acquired and paid for.

$$137,988.$ The first payment was made as agreed. Sarasota depreciates equipment using the straight$-$line method with no residual value.

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$($b$)$

Your answer is correct.

required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries. Round answers to $0$ decimal places, e$.$g$.5,275.)$

No$.$ Account Titles and Explanation

$($To record exchange of land$)$

$($To record acquisition of land$)$

Accumulated Depreciation $-$ Equipment

Cash

Equipment

Gain on Disposal of Equipment

$($To record sale of equipment$)$