student #: Section Presented below are selected transactions for the Trudeau Company for 2021. Jan. May 1 1 Retired a piece of equipment that was purchased on January 1, 2015. The equipment cost $255,000 on that date, and had a useful life of 10 years with no salvage value. Sold equipment for $10,000 that was purchased on January 1, 2018. The equipment cost $45,000, and had a useful life of 6 years with no salvage value. Dec. 31 Sold equipment that was purchased on June 30, 2019. The equipment cost $60,000 and was depreciated on a 5-year useful life with a salvage value of $5,000. Record all the journal entries required for Trudeau Company uses the straight-line method of depreciation and has recorded depreciation through December 31, 2020. Credit