The following are some selected transactions relating to non-current assets for ARC Ltd for the year 2018. March 31 Scrapped a piece of equipment that was purchased on 1April 2013. The equipment cost $66,000 and had a useful life of 5 years with no residual value. Jun.30 Sold machinery that was purchased on 1 January 2015. The machinery cost $85,000 and had a useful life of 10 years with no residual value. The machinery was sold for $61,000. Dec. 31 Discarded a delivery truck that was purchased on 1 January 2014. The truck cost $45,400 and was depreciated based on an 8-year useful life with a $3,400 residual value. Required: Ignore GST. Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. ARC Ltd uses straightline depreciation method. The reporting period ends on 31 December. Narrations are not required