Question: please help me complete journal entries . . . . Current Attempt in Progress At December 3 1 , 2 0 2 5 , Sarasota

please help me complete journal entries ....Current Attempt in Progress At December 31,2025, Sarasota Corporation reported the following plant assets. During 2026, the following selected cash transactions occurred. Apr. 1 Purchased land for $4,325,200. May 1 Sold equipment that cost $1,179,600 when purchased on January 1,2019. The equipment was sold for $334,220. June 1 Sold land for $3,145,600. The land cost $1,966,000. July 1 Purchased equipment for $2,162,600. Dec. 31 Retired equipment that cost $1,376,200 when purchased on December 31,2016. No salvage value was received.
(a)
Journalize the transactions. (Hint: You may wish to set up T-accounts, post beginning balances, and then post 2026 transactions.) Sarasota uses straight-li
Update depreciation on assets disposed of at the time of sale or retirement. (List all debit entries before credit entries. Record entries in the order displaye
the amount in the relevant debit OR credit box. Entering zero in ALL boxes will result in the question being marked incorrect.)
Date
Account Titles and Explanation
Land
Depreciation Expense
Accumulated Depreciation-Equipment
(To record depreciation on equipment sold)
(To record sale of equipment)
(To record depreciation on equipment retired)
(To record disposal of equipment)
please help me complete journal entries . . . .

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