CALCULATOR PRINTER VERSION BACK ]Your answer is partially correct. Try again. Presented below are selected transactions at Swifty Company for 2020. Retired a piece of machinery that was purchased on January 1, 2010. The machine cost $64,000 on that date. It had a useful life of 10 years with no salvag value Jan. 1 June 30 Sold a computer that was purchased on January 1, 2017. The computer cost $43,500. It had a useful life of 5 years with no salvage value. The computer wa for $15,200 Dec. 31 Discarded a delivery truck that was purchased on January 1, 2016. The truck cost $40,080. It was depreciated based on a 6 year useful life with a $3,000 salvage value. ournalize al entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Swifty Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2019.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order for the amounts.) nted in the problem. If no entry is required, select "No Entry" for the account titles and enter o Date Account Titles and Explanation Debit Credit an, 1 umulated Depreciation-Equipment 64000 Equipment 64000 une 30 v eciation Expense 6400 Accumulated Depreciation-Equipment 6400 (To record depreciation to date of disposal) CALCULATORP Accumulated Deprecation-Equipment..LJ 5400 URCES er 10 (To record depreciation to date of disposal) une 30Cash 15200 Accumulated Depreciation-Equipment 30450 Gain on Disposal of Plant Assets 2150 3 a Equipment 43500 To record sale of computer) 10 Dec. 31 Depreciation Expense 4350 ts by Study Accumulated Depreciation-Equipment 4350 (To record depreciation to date of disposal) Dec. 31 Accumulated Depreciation-Equipment 24720 Loss on Disposal of Plant Assets 6180 6180 Equipment 40080 (To record retirement of truck)