Altona Limited purchased delivery equipment on March 1, 2013, for $139,200 cash. At that time, the equipment was estimated to have a useful life of five years and a residual value of $10,990. The equipment was disposed of on September 30, 2015. Altona uses the diminishing-balance method at one time the straight-line depreciation rate, has an August 31 year end, and makes adjusting entries annually.

Record depreciation at August 31, 2013, 2014, and 2015. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.)

Record the disposal of the equipment on September 30, 2015, under each of the following independent assumptions: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to 0 decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

1. It was sold for $60,370.

2. It was sold for $84,110.

3. It was retired for no proceeds.