Crane Productions Corp. purchased equipment on March 1, 2021, for $62,600. The company estimated the equipment would have a useful life of three years and produce 12,000 units, with a residual value of $5,000. During 2021 , the equipment produced 5,000 units. On November 30,2022 , the machine was sold for $14,000 and had produced 6,400 units that year. (a) Record all the necessary journal entries for the years ended December 31, 2021 and 2022, using the following depreciation methods: (List all debit entries before credit entries. 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. Round the depreciation rate in the double-diminishing-balance method to the nearest whole percent, e.g. 43% and round depreciation per unit in the units-of-production depreciation method to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.8. 5,275 .) Question 10 of 11 Date Account Titles and Explanation Debit Credit 2021 Mar. 1 Equipment Dec, 31 Depreciation Expense 34778 Accumulated Depreciation-Equipment 34778 2022 Nov. 30 Depreciation Expense Accumulated Depreciation - Equipment (To record depreciation expense) Nov. 30 Cash Accumulated Depreciation - Equipment lestion 10 of 11 6.89/20 Accumulated Deprectiation- Equipment Loss on Disposal Equipment (To record the sale of machine) (2) Double-diminishing-balance Date Account Titles and Explanation Debit Credit 2021 Mar. 1 Equipment Dec. 31 Depreciation Expense 2022 Question 10 of 11 6.89/20i Abcumulated Depreciation - Equipment? 2022 Nov, 30 Acaumulated Depreciation-Equipment (To record depreciation expense) Nov. 30 Accumulated Depreciation - Equoipment Equipment: (To record the sale of machine) (3) Units-of-Production Date Account Titles and Explanation Debit Credit 2021 Mar. 1 Equipment Dec, 31 Depreciation Expense Accumatated Depreciatian-Equipment 2022 Nov. 30 Depreciation Expense Accumilated Depreciation-Equipmient (To record depreciation expense) (To record depreciation expense) Nov. 30 Accumulated Depreciation - Equibiment Ginin on Disposal Equipment (To record the sale of machine) eTextbook and Media List of Accounts