iPad 21:37 17SE.) Exercise 9-8 Your answer is partially correct. Try again. Here are selected 2017 transactions of Culver Corporation. Jan. Retired a piece of machinery that was purchased on January 1, 2007. The machine cost $61,300 and had a useful 1life of 10 years with no salvage value. June Sold a computer that was purchased on January 1, 2015. The computer cost $35,800 and had a useful life 30 of 4 years with no salvage value. The computer was sold for $4,100 cash. Dec. 31 Sold a delivery truck for $9,210 cash. The truck cost $24,200 when it was purchased on January 1, 2014, and was depreciated based on a 5-year useful life with a $3,300 salvage value. Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Culver Corporation uses straight-line depreciation. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when 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.) Date Account Titles and Explanation Credit an. 1 61300 Machinary 61300 une 30 Expense 4475 To record depreciation expense for 2017) Loss on Disposal of Plant Assets To record sale of computer) 4180 To record depreciation expense for 2017) 16720 Gain on Disposal of Plant Assets 17 Delivery Truck 24200 To record sale of delivery truck)