(9 points - 3 each) David Co. and Jason Co. (a) David Company purchased equipment in 2007 for $150,000 and estimated a $10,000 salvage value at the end of the equipment's 10-year useful life. At December 31, 2013, there was $98,000 in the Accumulated Depreciation account for this equipment using the straight-line method of depreciation. On March 31, 2014, the equipment was sold for $40,000. Prepare the two appropriate journal entries to remove the equipment from the books of David Company on March 31, 2014. (c) Jason Company sold office equipment that had a book value of $12,00 for $16,000. The office equipment originally cost $40,000 and it is estimated that it would cost $50,000 to replace the office equipment. Prepare the appropriate journal entry to record the disposition of the office equipment