Exercise 10-10 Your answer is partially correct. Try again. Pryce Company owns equipment that cost $65,100 when purchased on January 1, 2017. It has been depreciated using the straight-line method based on estimated salvage value of $3,400 and an estimated useful life of 5 years. Prepare Pryce Company's journal entries to record the sale of the equipment in these four independent situations. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to o decimal places, e.g.125. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (a) (b) (C) (d) Sold for $32,020 on January 1, 2020. Sold for $32,020 on May 1, 2020. Sold for $11,000 on January 1, 2020. Sold for $11,000 on October 1, 2020. No. Account Titles and Explanation Debit Credit (a) Cash 32020 Accumulated Depreciation Equipment 37020 Equipment 65100 Gain on Disposal of Plant Assets (b) Depreciation Expense 4113 Accumulated Depreciation-Equipment (To record depreciation) cash Accumulated Depreciation Equipment Equipment TODO Odoo boda bodo il Gain on Disposal of Plant Assets (To record sale of equipment) * (c) Cash Accumulated Depreciation Equipment Loss on Disposal of Plant Assets > X Equipment (d) Depreciation Expense Accumulated Depreciation Equipment (To record depreciation) Cash II IIII DI DODI Accumulated Depreciation Equipment Loss on Disposal of Plant Assets Equipment (To record sale of equipment) Click if you would like to Show Work for this question: Open Show Work