Presented below are selected transactions at Ridge Company for 2015.

Jan.	1		Retired a piece of machinery that was purchased on January 1, 2005. The machine cost $61,020 on that date. It had a useful life of 10 years with no salvage value.
June	30		Sold a computer that was purchased on January 1, 2012. The computer cost $36,710. It had a useful life of 5 years with no salvage value. The computer was sold for $14,920.
Dec.	31		Discarded a delivery truck that was purchased on January 1, 2011. The truck cost $39,290. It was depreciated based on a 6-year useful life with a $2,750 salvage value.

Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Ridge Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2014.) (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Debit Credit 961020 Date Account Titles and Explanation Jan. 1 Accumulated Depreciation-Equipment Equipment June 30 Accumulated Depreciatio 3671 Accumulated Depreciation Equipment (To record depreciation to date of disposal) June 30 Cash 14920 Accumulated Depreciation Equipment Gain on Disposal of Plant Assets Equipment (To record sale of computer at a gain/loss) Dec. 31 Depreciation Expense Accumulated Depreciation Equipment (To record depreciation to date of disposal) Dec. 31Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets TEquipment (To record retirement of equipment at a gain/loss)