ABC Catering Service purchased equipment on January 8, 2018, for $58,500. The equipment is expected to last six years and to have a residual value of $4,500. a. Suppose ABC sold the equipment for $43,000 on December 29, 2020. Journalize the sale of the equipment, assuming straight-line amortization is used. b. Suppose ABC sold the equipment for $23,000 on December 29, 2020. Journalize the sale of the equipment, assuming straight-line amortization is used. Accounts Debit Credit b. Suppose ABC sold the equipment for $23,000 on December 29, 2020. Journalize the sale of the equipment, assuming straight-line amortization is used. General Journal Accounts Debit Credit