Apr 1 Sold equipment that cost $10,000 (accumulated depreciation of 50.000 through December 31 of the preceding year) Cora received $7.300 cash from the sale of the equipment Depreciation in computed on a straight-line bass. The eqapment has a five-year useful life and a residual value of 10 Before we record the sale of the equipment, we must record depreciation on the equipment through April 1, 2016 Date Apr 1 Accounts and Explanation Debit Credit Help me solve this Demodocs example Get more help- Clear all Final w