Alvery, Inc., had a piece of equipment that cost $66,000 and had accumulated depreciation of $35,000 Read the requirement a. Alvery discarded the equipment receiving $0. (Record debits first, then credits. Exclude explanations from all journal entries.) Journal Entry Accounts Date Dobit Credit a. Requirement 1. Record the disposition of the equipment assuming the following independent situations: a. Alvery discarded the equipment, receiving $0. b. Alvery sold the equipment for $32,000 cash. c. Alvery traded the equipment in on a new piece of equipment costing $67,000. Alvery was granted a(n) $32,500 trade-in allowance for the old equipment and paid the difference in cash. d. Alvery traded the equipment in on a new plece of equipment costing $60,000. Alvery was granted a $30,500 trade-in allowance for the old equipment and signed a note payable for the difference. Print Done