Question 8 Moira Less Ltd. decided on July 1, 2013 to dispose of an asset group consisting of land, a building. and equipment. An active plan of disposal is happening. The assets carrying values and estimated recoverable amounts at July 1 20X3 are as follows: Cost Carrying Value Estimated Land Building Equipment $495,000 3,650,000 $495,000 1.690,000 495.000 Recoverable amount $528,000 995,000 5.235,000 On December 31 20X3, the net recoverable amount of the group is reliably estimated to be 1,939,000. On April 1 20x4, the asset group is sold for $ 1,999,000, net of costs to sell. Prepare the appropriate journal entries DATE EXPLANATION and ACCOUNTS DEBIT CREDIT