The following are sone transactions of Crane Company for 2024. Crane 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, 2015, for $56,000. The equipment had an expected useful life of 10 years with no residu July 30 Sold equipment for $1,600 cash. The equipment was purchased on January 3,2022, for $13,320 and was depreciated over an expected useful ife of thr with no residual value. Now. 1 Traded in an old wehicle for a new vehicle, receiving a 510.000 trado in allowance and paying 536000 cash. The old wehicle had been purchased on Nower 2018. at a cont of 533,600 . The estimated uneful life was eight years and the estimated residual value was 56,000 . The fair vahie of the old vehicle was 58 . Noveriber 1.2024. Your answer is partially correct. Record the disposals. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is req and enter 0 for the amounts. List all debit entries before credit entries. Record joumal entries in the order presented in the