Question: g Current Attempt in Progress Here are selected 2022 transactions of Blue Corporation. Jan 1 Retired a piece of machinery that was purchased on January

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g Current Attempt in Progress Here are selected 2022 transactions of Blue

Current Attempt in Progress Here are selected 2022 transactions of Blue Corporation. Jan 1 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $61,100 and had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2020. The computer cost $36,000 and had a useful life of 4 years with no salvage value. The computer was sold for $4,300 cash. Dec. Sold a delivery truck for $9,090 cash. The truck cost $24,800 when it was purchased on January 1, 2019, and was depreciated based on a 5-year useful life with a $4,100 salvage value. 31 Prepare a tabular summary to record all transactions described on the above dates. Depreciation was last recorded on December 31, 2021. Update depreciation on assets disposed of, where applicable. Blue Corporation uses straight-line depreciation. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced) Assets Liabilities + search 13C ADO4 ING 7:06

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