5.(15 points) Binghamton Northem Railroad owns an old locomotive (equipment) that originally cost $860,000 and has accumulated depreciation of S460,000 Prepare Journal Entries for the locomotive on May 1 under each of the following independent situations. Please use the following accounts for your Journal Entries: Accumulated Depreciation, Equipment, Cash, Loss (expense), Gain (revenue), and Accounts Payable. a) The railroad disposed of the locomotive receiving nothing in return. b) The railroad sold the locomotive for $490,000 cash. c) The railroad sold the locomotive for $360,000 cash. d) The railroad sold the locomotive for $400,000 cash. e) The railroad kept the locomotive and replaced the engine and transmission at a cost of $200,000