Cullumber Company owns equipment that cost $68,900 when purchased on January 1, 2022. It has been depreciated using the straight-line method based on an estimated salvage value of $5,300 and an estimated useful life of 5 years. Prepare Cullumber Company's journal entries to record the sale of the equipment in these four independent situations. (List all debit entries before credit entries. Credit account titles are automatically indented when 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.) (a) Sold for $32,860 on January 1, 2025. (b) Sold for $32,860 on May 1, 2025. (c) Sold for $11,660 on January 1, 2025. (d) Sold for $11,660 on October 1, 2025. No. Account Titles and Explanation Debit (a) Cash (b) Accumulated Depreciation-Equipment Equipment Gain on Disposal of Plant Assets Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation) Cash Accumulated Depreciation-Equipment Equipment Gain on Disposal of Plant Assets (To record sale of equipment) 32860 Credit 68900 (c) Cash (d) Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation) Cash Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment (To record sale of equipment)