Sandhill Company purchased a warehouse on January 1, 2019, for $368,000. At the time of purchase, Sandhill anticipated that the warehouse would be used to facilitate the expansion of its product lines. The warehouse is being depreciated over 20 years and is expected to have a residual value of $46,000. At the beginning of 2024, the company decided that the warehouse would no longer be used and should be sold for its carrying amount. At the end of 2024, the warehouse still had not been sold, and its net realizable value was estimated to be only $239,000.

Prepare all the journal entries that Sandhill should make during 2024 related to the warehouse. ((CCrreeddiitt aaccccoouunntt ttiittlleess aarree aauuttoommaattiiccaallllyy iinnddeenntteedd wwhheenn tthhee aammoouunntt iiss eenntteerreedd.. DDoo nnoott iinnddeenntt mmaannuuaallllyy.. IIff nnoo eennttrryy iiss rreeqquuiirreedd,, sseelleecctt ""NNoo EEnnttrryy"" ffoorr tthhee aaccccoouunntt ttiittlleess aanndd eenntteerr 00 ffoorr tthhee aammoouunnttss.. LLiisstt ddeebbiitt eennttrryy bbeeffoorree ccrreeddiitt eennttrryy..)