Current Attempt in Progress Blossom Company owns equipment that cost $39.000 when purchased on January 2, 2021. It has been depreciated using the straight-line method based on estimated residual value of $3,000 and an estimated useful lite of five years. Following are the four independent situations. - Your answer is partially correct. Prepare Blossom Company's journal entry to record the sale of the equipment for $19,400 on January 2, 2024. (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 0 for the amounts.) Debit Credit Date Account Titles and Explanation 19400 Jan. 2 Cash 31600 Accumulated Depreciation - Equipment 12000 Equipment 3900 Gain on Disposal direnew 0.69/1 ill Your answer is partially correct. Prepare Blossom Company's journal entry to record the sale of the equipment for $19.400 on May 1, 2024. (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.) Date Account Titles and Explanation Debit Credit May 1 Cash 19400 Accumulated Depreciation Equipment TINO Gain on Disposal Equipment (To record disposal of equipment.) e Textbook and Media List of Accounts Your answer is partially correct. Prepare Blossom Company's journal entry to record the sale of the equipment for $2.400 on January 2, 2024. (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.) Date Account Titles and Explanation Debit Credit Jan. 2 Cash Accumulated Depreciation Equipment Loss on Disposal Equipment (To record disposal of equipment.) e Textbook and Media List of Accounts Prepare Blossom Company's journal entry to record the sale of the equipment for $2.400 on October 1, 2024. (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 for the amounts.) Date Account Titles and Explanation Debit Credit Oct. 1 Cash Accumulated Depreciation Equipment Lomon Dlsposal Equipment (To record disposal of equipment) e Textbook and Media List of Accounts