Problem 9 GLA Sheridan Company had the following assets on lauary 1, 2022 Useful Life (in years) 10 Salvage Value Machinery Forish Truck Cost $64,000 23,000 20,400 Purchase Date Jan 1, 2012 Jan 1, 2019 Jan 1, 2017 3,000 During 2022, each of the assets was removed from service. The machinery was retired on January 1. The forklift was sold on June 30 for $11,300. The truck was discarded on December 31 Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on disposed assets. The company uses straight line depreciation. All depreciation was up to date as of December 31, 2021. (Creaccount titles are automatically indented when the amount is entered Domofinder manually. If he entry is requir e "Nery for the account titles and enter for the amounts) Date Account Tides and Explanation Debat Jan. 1 . (To record depreciation expense on for ) color 2000-2020 Wien A r ved. As of wler Sons, Inc. Aaa (To record depreciation expense on forklift) (To record sale of forklift) (To record depreciation expense on truck) (To record sale of truck) Click if you would like to Show Work for this question: Open Show Work