Problem 9-15A Partial-period depreciation; disposal of PPE @ L02, 03, @6 CHECK FIGURES: 1. GAIN = $67,350; 2. LOSS = $23,867 Endblast Productions showed the following selected asset balances on December 31, 2020: Land. Building.... Accumulated depreciation, building! Equipment..... Accumulated depreciation, equipment2. $396,800 526,400 393,600 171,200 74,400 1 Remaining estimated useful life is eight years with a residual value of $80,000; depreciated using the straight-line method to the nearest whole month. 2 Total estimated useful life is 10 years with a residual value of $16,000; depreciated using the double-declining-balance method to the nearest whole month. Required Prepare the entries for each of the following (round final calculations to the nearest whole dollar). 1. The land and building were sold on September 27, 2021, for $592,000 cash. 2. The equipment was sold on November 2, 2021, for $56,800 cash