Sandhill Co. had the following assets on January 1, 2022.

ItemCostPurchase DateUseful Life

(in years)Salvage ValueMachinery

$67,000Jan. 1, 201210$ 0Forklift

26,000Jan. 1, 201950Truck

32,400Jan. 1, 201783,000

During 2022, each of the assets was removed from service. The machinery was retired on January 1. The forklift was sold on June 30 for $11,600. The truck was discarded on December 31.

Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on disposed assets. The company uses straight-line depreciation. All depreciation was up to date as of December 31, 2021.(Credit account titles are automatically indented when the amount is entered.Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)