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Carla Vista Co. had the following assets on January 1, 2022. Item Cost Useful Life (in years) 10 Salvage Value $0 Machinery Forklift $66,000 25,000 31,400 Purchase Date Jan. 1, 2012 Jan. 1, 2019 Jan. 1, 2017 5 0 Truck 8 3,000 During 2022, each of the assets was removed from service. The machinery was retired on January 1. The forklift was sold on June 30 for $11,500. The truck was discarded on December 31. Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on disposed assets. The company uses straight-line depreciation. All depreciation was up to date as of December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) te Account Titles and Explanation Debit Credit 1 Accumulated Depreciation Equipment 66000 Equipment 66000 30 Depreciation Expense 2700 Accumulated Depreciation Equipment 4000 (To record depreciation expense on forklift) 30 Cash 4000 Accumulated Depreciation-Equipment 4000 Equipment 4000 Gain on Disposal of Plant Assets (To record sale of forklift) 31 Depreciation Expense 4000 Accumulated Depreciation-Equipment 3000 (To record depreciation expense on truck) 31 Loss on Disposal of Plant Assets 10100 Accumulated Depreciation Equipment 21300 Equipment 31400 (to record sale of truck