can you plz explain this?

On September 30, 2022, the company sold old equipment for $115,000. The equipment was purchased on January 1, 2020, for $240,000 and was estimated to have a $40.000 salvage value at the end of its 5-year life. Depreciation on the equipment has been recorded through December 31, 2021. (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 for the amounts) ate Account Titles and Explanation Debit Credit 30,2022 Depreciation Expense 125000 Accumulated Depreciation Equipment 125000 (To record depreciation expense for the first 9 months of 2022) Cash 115000 Accumulated Depreciation Equipment 30, 2022 Depreciation Expense 125000 125000 Accumulated Depreciation Equipment (To record depreciation expense for the first 9 months of 2022) Cash 115000 Accumulated Depreciation Equipment Loss on Disposal of Plant Assets Equipment (To record sale of delivery equipment)