Current Attempt in Progress Ivanhoe Company owns equipment that cost $130,000 when purchased on January 1, 2018. It has been depreciated using the straight-line method based on estimated salvage value of $14,500 and an estimated useful ife of 5 years. Prepare ivanhoe Compary's journal entries to record the sale of the equipment in these four indegendent situations. (Credit account tities are autamoticaliy indented when the amount is entered, Do not indent monually. List alf debit entries before credit entries .I no entry is required, seiect "No Entry" for the occount tities and enter Of for the amounts) (a) Sold for $65,000 on January 1, 2021. (b) Sold for 565.000 on May 1,2021. (c) Sold for $36,500 on January 1, 2021. (d) Sold for $36,500 on October 1,2021. Question 15 of 20 15 No. Account Titles and Explanation (a) (b) (To record depreciation expense) Quesbon 15 of 20 (2) roord dopoms of bolvinent at a gin) (f) iecued deyeciatioh evpensit The rooont deposa of novenent at a krsi) if Tersponk and Medid