Presented below are selected transactions at Ridge Company for 2015.

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.)

17 Date 18 Jan. 1 29 Dec. nted b Jan. 1 cted Rid Company for 2015. Retired apiece of machinery that was purchased on January l, 2005. The machine cost $62,000 on that date. It useful life of 10years with Do salmage value. mputerthat purchased January 2012. The computer st $45,000. It had efullife of 5 ye alue. The computer old for $14,000. Disca purchased on January 1.201 he truck cost $33,000, a$3,000 salwage ery truck that epreciated baked om a 5-year uenil hr