Question 2 Presented below are selected transactions at Skysong Company for 2017. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2007. The machine cost 62,780 on that date. It had a useful life of 10 years with no residual value. June 30 Sold a computer that was purchased on January 1, 2014. The computer cost 36,010. It had a useful life of 5 years with no residual value. The computer was sold for 14,760. Dec. 31 Discarded a delivery truck that was purchased on January 1, 2013. The truck cost 35,390. It was depreciated based on a 6-year useful life with a 2,090 residual value. Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Skysong Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2016.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit (To record depreciation) June. 30 (To record the sale of equipment) (To record depreciation) Dec. 31 (To record the discarding of equipment) Question 4 On July 1, 2017, Sage AG invested CHF636,195 in a mine estimated to have 766,500 tons of ore of uniform grade. During the last 6 months of 2017, 124,500 tons of ore were mined. Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depletion cost per unit CHF Prepare the journal entry to record depletion. (Round answers to 0 decimal places, e.g. 2,125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 Assume that the 124,500 tons of ore were mined, but only 87,600 units were sold. How are the costs applicable to the 36,900 unsold units reported? Reported in