Adjusting entries: Accumulated depreciation-equipment at 1/1/1X was $250,000. At 12/31/1X, the balance of the account was $320,000. During 201X, one piece of equipment was sold. The equipment had an original cost of $50,000 and was 1/2 depreciated when sold. You are to prepare the missing adjusting entry. For each journal entry, write Dr. for debit and Cr. for credit