ASSIGNMENT RESOURCES Chapter 9, Task Disposal of PPE Assets Exercise 247 Oulumber Co. has equipment that cost $68,000 and has been depreciated $35,000. Record entries for the disposal under the following assumptions (Credit account titles are automatically indented when the amount is entered. Do not inder If no entry is required, select "No Entry for the account ttles and enter o for the amounts.) Review Score Review Results by Study Obiective () It was scrapped as having no valve (b) It was sold for $33,000 (c) It was sold for $28,000 Debit Credit No. Account Titles and Explanation (a) (b) No. Account Titles and Explanation Debit Credit Credit (a) dy (b) (c) Click If you would like to Show Work for this question: "Open Show Work