127. Hart Company purchased equipment for $200,000 with a salvage value of $20,000. Upon purchase, Hart estimated that the equipment had a 10-year remaining useful life. The company uses the straight-line depreciation method. After holding the equipment for 5 years, the company sold it for $90,000. The entry to record the sale will include: a. Debit to Depreciation Expense for $90,000 b. Debit to Loss on Sale of Equipment for $20,000 c. Credit to Equipment for $110,000 d. Credit to Gain on Sale of Equipment for $20,000 128. Hoffman Technology issued $5,000,000 of 6% bonds on August 1, 2019 in order to raise capital for an investment opportunity. If the bonds were issued at a discount, which of the following was the market rate on the issuance date? a. 4% b. 2% c. 7% d. 5%