Napoli Manufacturing has old equipment that cost $52,000. The equipment has accumulated depreciation of $28,000. Napoli has

Question:

Napoli Manufacturing has old equipment that cost $52,000. The equipment has accumulated depreciation of $28,000. Napoli has decided to sell the equipment.
(a) What entry would Napoli make to record the sale of the equipment for $26,000 cash?
(b) What entry would Napoli make to record the sale of the equipment for $15,000 cash?