CALCULATOR PR?NTEM VERSION 4BACK Problem 9-3A Crane Company had the following assets on January 1, 2017. Useful Life Item Cost Purchase Date (in years) Salvage Value Machinery $69,580 Jan. 1, 2007 Forklift Truck 10 29,400 32,736 Jan. 1, 2014 Jan. 1, 2012 2,944 During 2017, each of the assets December 31 was removed from service. The machinery was retired on January 1. The forkift was sold on June 30 for $11,760. The truck was discarded on service. The a Journalize all entries required on the above dates, induding depreciation was up to date as of December 31, 2016. (Credit account titles are automatically indented when the amount is entered required, select "No Entry" for the account titles and enter for the amounts) entries to update depreciation, where applicable, on disposed assets. The company uses straighte-ine deprediation, Al De not indent manually. If no entry is Date Account Titles and Explanation Debit Credit (To record depreciation expense on forkin) une 30 re to search