Problem 9-03 Shendan Company had the following assets on January 1, 2022 Useful Life (in years) Salvage Value Item Machinery Forlatt Cost $64,000 23,000 29.400 Purchase Date Jan 1, 2012 dan 1, 2019 Jan 1, 2017 0 3,000 During 2022, each of the assets was removed from service. The machinery was retired on January 1. The fork was sold on June 30 for $11,300. The truck was discarded on December 31 Jumalae all entries required on the above dates, including entries to update depreciation, where aplicabile, on deposed assets. The company uses straight-line depreciation. All depreciation was up to date as of December 31, 2021. (Crtant estatically indeed when ther e are a few sec r y for h i s and enter for the amount) Account Titles and Explanation Debit CTO d oo AO 40 CM e to search gnment (To record depreciation expense on forklift) (To record sale of forklift) (To record depreciation expense on truck) (To record sale of truck)