5 Question 9 Blossom Company sells office equipment on July 31, 2017 for $20,000 cash. The office equipment originally cost $72,000 and as of January 1, 2017, had accumulated depreciation of $35,000. Depreciation for the first 7 months of 2017 is $3.500. Prepare the journal entries to (a) update depreciation to July 31, 2017 and (brecord the sale of the equipment. (Credit account Witles pre automatically indented when amount is entered. Do not indent manually. If he entry required, No En for the account ities and enter a for the amounts) No. Account Titles and Explanation Debit Credit (a) (6)