Crane Productions Ltd. purchased equipment on February 1, 2024, for $41,700. The company estimated the equipment would have a useful life of three years and would produce 9,000 units, with a residual value of $8,400. During 2024, the equipment produced 4,000 units. On October 31,2025 , the equipment was sold for $9,500; it had produced 4,000 units that year. (1) Straight-line (10 recora depreciation expense) Oct. 31 Cash 9500 Accumulated Depreciation-Equipment 30525 Loss on Disposal 11100 Equipment \begin{tabular}{|c|c|} \hline 30525 & \\ \hline 11100 & \\ \hline & 41700 \\ \hline \end{tabular} (To record the sale of equipment) (2) Double-diminishing-balance late Account Titles and Explanation Debit Credit 024 b. 1 Equipment 41700 Cash 41700 (3) Units-of-production (To record depreciation expense) Oct 31 Cash Accumulated Depreciation - Equipment 8 Loss on Disposal Equipment (To record the sale of equipment)