Use this robot to determine the appropriate journal entry for the disposal of an item of equipment. Insert "up to date" amounts (or zero) in each of the boxed areas. Examine the resulting journal entry to consider the underlying logic, as reflected in the additional computational box that follows. How much did the equipment originally cost? >>>> How much was accumulated depreciation? >>>> How much was the sales price? >>>> GENERAL JOURNAL Date Cash Accounts Debit Credit 0 Accumulated Depreciation Equipment To record the sale of equipment Sales price of equipment Equipment cost Less: Accumulated depreciation Gain (loss) 0 0 0 0 01 0