can someone please help me? i'm stuck. please show detailed work.

Metal Company acquired recycling equipment on January 1, 2015 at a cost of $117,500. The equipment has an estimated useful life of 8 years, an estimated salvage value of $7,500, and is depreciated using the straight-line method. 'Assuming that the equipment was sold on July 1, 2019 for $53,500, record the journal entry Metal Company would make at the time of sale 5