Record adjustments to accounts for depreciation for 2028. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Record adjustments to accounts for depreciation for 2028. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Record adjustments to accounts for depreciation for 2028 . (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Current Attempt in Progress At December 31, 2027. Bridgeport Corporation reported the following plant assets. During 2028, the following selected cash transactions occurred. Apr. 1 Purchased land for $4,160,200. May 1 Sold equipment that cost $1,134,600 when purchased on January 1, 2021. The equipment was sold for $321,470. June 1 Sold land for $3,025,600. The land cost $1,891,000. July 1 Purchased equipment for $2,080,100. Dec. 31 Retired equipment that cost $1,323,700 when purchased on December 31, 2018. No salvage value was received. Record adjustments to accounts for depreciation for 2028. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Record adjustments to accounts for depreciation for 2028. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Record adjustments to accounts for depreciation for 2028 . (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Current Attempt in Progress At December 31, 2027. Bridgeport Corporation reported the following plant assets. During 2028, the following selected cash transactions occurred. Apr. 1 Purchased land for $4,160,200. May 1 Sold equipment that cost $1,134,600 when purchased on January 1, 2021. The equipment was sold for $321,470. June 1 Sold land for $3,025,600. The land cost $1,891,000. July 1 Purchased equipment for $2,080,100. Dec. 31 Retired equipment that cost $1,323,700 when purchased on December 31, 2018. No salvage value was received