Here are selected 2017 transactions of blue corporation.

jan. 1 retired a piece of machinery that was purchased on january 1, 2007. the machine cost $61,900 and had a useful life of 10 years with no salvage value.
june 30 sold a computer that was purchased on january 1, 2015. the computer cost $36,400 and had a useful life of 4 years with no salvage value. the computer was sold for $4,800 cash.
dec. 31 sold a delivery truck for $9,030 cash. the truck cost $23,500 when it was purchased on january 1, 2014, and was depreciated based on a 5-year useful life with a $3,500 salvage value.

journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. blue corporation uses straight-line depreciation.

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005