Crave Company owns cquipeinent that cost $125,000 whea purchased on Jamary 1,2018. it has beend defreciated using the straishe. Inee trethod bosed on estimated salvass value of $14,000 and an eatimated inefur life of 5 yeiri. Piepare Crane Companys jouthal entrins to record the sale of the equigmeint in fhiese foir independent altuations, (Crkut account oties belect "No Entry" for the account tilies and enter 0 for the amountes (x) Sold for 510000 on dimaiary 1,2021 (b) Bolal foe 500.000 oniMay L.2021. (i.) Sold for $32500 on larwary 1,2091. (i) Sold for $32509 ait Cctober h. 2021 are outomatically indented when the amount is entered. Do not indent manually. Lst all debit entries before credit entries. If no entry Is required, select "No Entry" for the account titles and enter O for the amounts) (a) Sold for $60,000 on January 1,2021 (b) Sold for $60,000 on May 1,2021. (c) Sold for $32,500 on January 1,2021 . (d) Sold for $32.500 on October 1,2021. Question 15 of 20 15: (b) (To record depreciation expense) (To record disposal of equipment at a gain) (c) Question 15 of 20 .15 (To record disposal of equipment at a gain) (c) (d) (To record depreciation expence) Question 15 of 20 (d) (To record depreciation expense) (To record disposal of equipment at loss) List of Accounts Accounts Payable Accounts Receivable Accumulated Depletion Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accumulated Depreciation-Timberland Advertising Expense Allowance for Doubtful Accounts Amortization Expense Bad Debt Expense: Buildings Cash Coal Mine Cost of Goods Sold Depletion Expense Depreciation Expense. Equipment Franchises Freight-in Gain on Disposal of Plant Assets Goodwill Insurance Expense Interest Expense Interest Payable Interest Receivable Interest Revenue Imventory Land License Expense Loss on Disposal of Plant Assets Machine Maintenance and Repairs Expense Miscellaneous Expense No Entry Notes Payable Notes Receivable Ore Mine Other Operating Expenses Owner's Capital Owner's Drawings Patents Prepaid Insurance Rent Revenue Research and Development Expense Sataries and Wages Expense Salaries and Wages Payable Question 15 of 20 Other Operating Expenses Owner's Capital Owner's Drawings Patents Prepaid insurance Rent Revenue Research and Development Expense Salaries and Wages Expense Salaries and Wages Payable Sales Revenue Timberiand Unearned Rent Revenue