A company owns equipment that cost $125,900 and has accumulated depreciation of $93,100 as of January 1. Prepare the entry to record the disposal of this equipment on January 1 for each separate situation. a. Equipment is sold for $33,600 cash. b. Equipment is sold for $26,300cash. Journal entry worksheet Record the sale of the equipment for 433,600 cash. Note: fnter debits Defore arodits