(c) On October 31, 2024, Pharoah Ltd. purchased a piece of machinery for $40,000. At the time, management determined that the machinery would have a residual value of $4,000 at the end of its 10-year life. Pharoah has a December 31 year end and uses the straight-line depreciation method. Pharoah ended up selling the piece of equipment on March 31, 2026, for $31,000. (Record entries in the order displayed in the problem statement. 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 O for the amounts. List all debit entries before credit entries.) Date Oct 31, 2024 Dec. 31, 2024 Dec. 31,2025 Account Titles and Explanation Debit Credit Question 2 of 7 > 11.33/20 Date Account Titles and Explanation Debit Credit Oct 31,2024 Dec 31, 2004 Dec. 31,2025 Mar 31, 2026) Mar 31:2026 (To record depreciation expense) tv A B Aa Question 2 of 7 Dec 31,2025 Mac 31, 2026 Mar 31, 20269 (To record depreciation expense) (To record sale of machine) eTextbook and Media List of Accounts dtv 11.33/20