Below is information related to a piece of equipment that Thrawn Enterprises disposed of in 20X1.
	Original acquisition price	Accumulated depreciation	Expected useful life at acquisition (in years)	Expected salvage value	Disposal Price
	$ 444,070	$ 209,880	15	$ 24,310	$ 265,612
1)	Prepare the journal entry that Thrawn Enterprises would record on the sale of the equipment for $265,612 in cash. Be sure to use cell references to calculate your answer, and input all debit entries before credit entries. If a cell should not be used, then leave it blank.