View Policies -/5 E Current Attempt in Progress Equipment that cost $417000 and on which $198000 of accumulated depreciation has been recorded was disposed of for $170000 cash. The entry to record this event would include a gain of $49000. credit to the Equipment account for $219000. O loss of $49000. O credit to Accumulated Depreciation for $198000. Save for Later Attempts: 0 of 1 used Submit Answer