Crane Limited sold equipment on September 30,2024 , for $38.960 cash. The equipment originally cost $138,320 when purchased on January 1.2022. It had an estimated residual value of $4,040 and a usefullife of fwe years. Denreciation is recorded annually and was last recorded on December 31, 2023, the company's year end. (a) Prepare the journal entry to update depreciation using the straight-line method to September 30, 2024, IList debit entry before credit entry. Credit occount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occoount titles and enfer Ofar the amounts.)