Presented below are selected transactions at Ridge Company for 2017 Jan. Retired a piece of machinery that was purchased on January 1, 2007. The machine cost $64,700 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, 2014. The computer cost $38,400. It had a useful life of 5 years with no salvage value. The computer was sold for $15,200 Dec. 31 Discarded a delivery truck that was purchased on January 1, 2013. The truck cost $44,160. It was depreciated based on a 6-year useful life with a $3,000 salvage value. ournalize 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, 2016.) (Credit account tities 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. Do not round intermediate calculations.) Date Account Titles and Explanation Debit Credit To record depreciation to date of disposal) June 30 To record sale of computer)