The following are some transactions of Blossom Company for 2017. Blossom Company uses straight-line depreciation and has a December 31 year end.

Apr. 1		Retired a piece of equipment that was purchased on January 1, 2008, for $48,000. The equipment had an expected useful life of 10 years with no residual value.
July 30		Sold equipment for $1,075 cash. The equipment was purchased on January 3, 2015, for $13,500 and was depreciated over an expected useful life of three years with no residual value.
Nov. 1		Traded in an old vehicle for a new vehicle, receiving a $10,000 trade-in allowance and paying $36,000 cash. The old vehicle had been purchased on November 1, 2011, at a cost of $34,760. The estimated useful life was eight years and the estimated residual value was $5,000. The fair value of the old vehicle was $8,000 on November 1, 2017.

a.)For each of these disposals, prepare a journal entry to record depreciation from January 1, 2017, to the date of disposal, if required. b.)Record the Disposals