The following are some transactions of Carla Vista Company for 2024. Carla Vista Company uses straight-line depreciation and has December 31 year end. Apr. 1 Retired a piece of equipment that was purchased on January 1,2015 , for $50,000. The equipment had an expected useful life of 10 years with no residual value. July 30 Sold equipment for $1,200 cash. The equipment was purchased on January 3,2022 , for $12,960 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 1,2018 , at a cost of $32,000. Record the disposals