Problem is in the attachment below. Please help me !

Name: Course: Date: Problem P9-5A, Journalize a series of equipment transactions related to purchase, sale, retirement, and depreciation. Financial Accounting, 8th Edition by Weygandt, Kieso, and Kimmel Primer on Using Microsoft Excel in Accounting by Rex A Schildhouse Problem P9-5A, At December 31, 2013, Walton Company reported the following as plant assets. Land $3,000,000 Buildings $26,500,000 Less: Accumulated depreciationbuildings 12,100,000 14,400,000 Equipment $40,000,000 Less: Accumulated depreciationequipment 5,000,000 35,000,000 Total plant assets $52,400,000 During 2014, the following selected cash transactions occurred. Apr 01 Purchased land for $2,200,000 May 01 Sold equipment that cost $750,000 when purchased on January 1, 2010. The equipment was sold for $460,000 Jun 01 Sold land purchased on June 1, 2004, for $1,800,000 The land cost $300,000 Jul 01 Purchased equipment for $2,400,000 Dec 31 Retired equipment that cost $500,000 when purchased on December 31, 2004. No salvage value was received. Instructions: (a) Journalize the above transactions. The company uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 50 -year life and no salvage value. The equipment is estimated to have a 10 -year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement. Apr 01 Jun 01 Jul 01 Account title Account title Amount Account title Account title Account title Account title Amount Amount Amount Number Formula Formula Formula Formula Cost Accumulated depreciation - Equipment Book value Cash proceeds Gain on disposal May 01 Amount Cost Life in years Depreciation per year Depreciation per month Depreciation for 4 months Depreciation for 4 years and 4 months May 01 Account title Account title Amount Amount Formula Amount Formula Account title Account title Account title Amount Account title Account title Amount Amount Amount Amount Amount Amount Amount Amount Name: Course: Date: Dec 31 Amount Account title Account title Amount Cost Accumulated depreciation - Equipment Book value Cash proceeds Gain / Loss on disposal Dec 31 Account title Account title Amount Amount Formula Amount Formula Amount Amount (b) Record adjusting entries for depreciation for 2014. Dec 31 Dec 31 Account title Account title Amount Account title Account title Amount Amount Amount Beginning balance, Equipment Less: Sale of equipment Less: Retirement of equipment Depreciable life - 10 years - Annual depreciation Amount Amount Amount Formula Formula Equipment purchased during the year Depreciable life - 10 years - 1/2 year depreciation Total annual depreciation Amount Formula Formula (c) Prepare the plant assets section of Walton's balance sheet at December 31, 2014. WALTON COMPANY Partial Balance Sheet December 31, 2014 Plant Assets Account title Account title Less: Account Title Account title Less: Account Title Title Balance Date Balance Land Amount Date Amount Formula Balance Date Balance Equipment Amount Date Amount Date Formula Amount Amount Amount Amount Amount Amount Amount Amount Balance Balance Formula Formula Formula Buildings Amount Formula Accumulated Depreciation - Building Balance Amount Date Amount Balance Formula Name: Course: Date: Accumulated Depreciation - Equipment Date Amount Balance Amount Date Amount Date Amount Date Amount Date Amount Balance Formula