Please verify your answer before submitting it on the chegg answers. The last two time I asked this exact question neither of the 2 chegg experts could not get the right answer.

Problem 10-5A (Part Level Submission)

At December 31, 2017, Grand Company reported the following as plant assets.

Land				$ 4,360,000
Buildings		$28,130,000
Less: Accumulated depreciationbuildings		12,490,000		15,640,000
Equipment		48,640,000
Less: Accumulated depreciationequipment		5,290,000		43,350,000
Total plant assets				$63,350,000

During 2018, the following selected cash transactions occurred.

April 1		Purchased land for $2,050,000.
May 1		Sold equipment that cost $1,020,000 when purchased on January 1, 2014. The equipment was sold for $612,000.
June 1		Sold land purchased on June 1, 2008 for $1,560,000. The land cost $403,000.
July 1		Purchased equipment for $2,580,000.
Dec. 31		Retired equipment that cost $490,000 when purchased on December 31, 2008. No salvage value was received.

Most of the problem is complete. I just would like to have the last 4 entries which are in red. It is going to be my last try so PLEASE check your answer twice before submition. 2 chegg experts have been wrong so far. I do not know how to get the answer.

Journalize the above transactions. The company uses straight-line depreciation for buildings and equipment. TI estimated to have a 50-year life and no salvage value. The equipment is estimated to have a 10-year useful lif value. Update depreciation on assets disposed of at the time of sale or retirement. (Credit account titles are indented when amount is entered. Do not indent manually. Record journal entries in the order pres problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amount Date Account Titles and Explanation Debit Credit Apr Land 2,050,000 T 2,050,000 Cash EtMay 34000 Depreciation Expense Accumulated Depreciati 34000 (To record depreciation) May 1 Accumulated Depreciation 44-2000 Cash T 612000 L Equipment T 1020000 T Gain on Disposal of Pla 34000 (To record sale of equipment) 1560000 une Land 403,000 T Gain on Disposal of Plar 1,157,000 Euly1 2,580,000 Equipment Cash T 2,580,000 Dec. 31 Depreciation Expense 49,000 Accumulated Depreciati 49,000 (To record depreciation) Dec. 31 Accumulated Depreciation 490000 Equipment 490000 (To record retirement of equipment)