Please show how you got your calculations, Thanks!

At December 31, 2020, Ayayai Company reported the following as plant assets. Land Buildings Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation-equipment Total plant assets $ 4,380,000 $27,460,000 13,430,000 14,030,000 47,130,000 4,620,000 42,510,000 $60,920,000 During 2021, the following selected cash transactions occurred. April 1 May 1 June 1 Purchased land for $2,020,000. Sold equipment that cost $630,000 when purchased on January 1, 2017. The equipment was sold for $378,000. Sold land purchased on June 1, 2011 for $1,600,000. The land cost $400,000. Purchased equipment for $2,540,000. Retired equipment that cost $504,000 when purchased on December 31, 2011. The company received no proceeds related to salvage. July 1 Dec. 31 Your answer is partially correct. Try again. Journalize the above transactions. The company uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 50-year life and no salvage value. The equipment is estimated to have a 10-year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Apr. 1 v Tland 20200000 cash 2020000 May 1 depreciation expense 21000 accumulated depreciation equipment 21000 (To record depreciation) May 1 cash 3780001 accumulated depreciation equipment 2730001 equipment 630000 gain on disposal of plant assets 21000 (To record sale of equipment) (To record sale of equipment) June 1 cash 1600000 land 400000 gain on disposal of plant assets 1200000 July 1 Less X ]] llll X Less X Total Assets