0.00 points et on equipment. The follo in transac ons relate to the Callaghan Inc O is in the highway construction business ors property, plant, and equpment account ncludes heavy cons disposal of two of the company's pieces of equipment .Equipment One-Ol decided to dispose of one of its pieces of heavy machinery and replace it with a newer, more efficient model. Ol received $205,000 cash on the sale of the machine. At the date of the sale, the machine had a net book value of $76,000. The original cost of the equipment was $660,000. Equipment Two-Ol recognizes the earth scoop separately from the rest of the piece of equipment, since it is a significant part that needs replacing. The scoop was replaced this year at a cost of $280,000. The scoop was depreciated separately. The net book value of the scoop at the date of replacement was $41,000. its original cost was $126,000 Required: Provide the jounal entry for the two pieces of equipment. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the sale of equipment 1 Note: Enter debits before credits Debit Credit 5 6 7 8 9