10 50,000 33 34 PROBLEM 2 - DISPOSAL OF PLANT ASSETS 2 JOURNAL ENTRIES 35 36 37 5/1/2021 Stonebridge Corp. sold a piece of equipment for 38 39 Original cost of equipment 40 Accumulated depreciation as of January 1, 2021 41 Depreciation expense per month 42 43 INSTRUCTIONS: Prepare the journal entries to record the sale of this equipment 44 on May 1, 2021 45 46 200,000 160,000 500