THREE PART QUESTION. journalize the above transactions. the company uses straight like depreciation for buildings and equipment. the buildings are estimated to have a $50$ year life and no salvage value. the equipment is estimated to have a $10-$year useful life and no salvage value. update depreciation on assets disposed of at the time of sale or retirement. NEXT, record adjusting entries for depreciation. FINALLY, prepare the plant assets section of Monty's balance sheet. Please help and thank you $!!$