Blossom Company purchased equipment in 2026 for $136,000 and estimated an $11,200 salvage value at the end of the equipment's 10-year useful life. At December 31, 2027, there was $24,960 in the Accumulated Depreciation account for this equipment using the straight-line method of depreciation. On March 31, 2028, the equipment was sold for $26,760. Prepare the appropriate journal entries to remove the equipment from the books of Blossom Company on March 31, 2028. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) No. Account Titles and Explanation Debit Credit 1. Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation expense for the first 3 months of 2028) 2. Cash Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment (To record sale of equipment) 3120 26760 28080 81160 3120 (b) Bridgeport Company sold equipment for $14,200. The equipment originally cost $30,760 in 2025 and $8,400 was spent on a major overhaul in 2028 (charged to the Equipment account). Accumulated Depreciation on the equipment to the date of disposal was $24,960. Prepare the appropriate journal entry to record the disposition of the equipment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit