Crane Company sells equipment on March 31,2024 , for $33,590 cash. The equipment was purchased on January 5,2021 , at a cost of $82,000, and had an estimated useful life of five years and a residual value of $3,100. Crane Company uses straight-line depreciation for equipment. Adjusting journal entries are made annually at the company's year end, December 31. (a) Prepare the journal entry to update depreciation to March 31, 2024. (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 debit entry before credit entry.) Prepare the journal entry to record the sale 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 debi entries before credit entries.) eTextbook and Media List of Accounts Last saved 1 second ago. Saved work will be auto-submitted on the due date. Auto-submission can take up to 10 minut Attempts: 0 of 3 used (c) The parts of this question must be completed in order. This part will be available when you com