Current Attempt in Progress Oriole Company owns equipment that cost $125,000 when purchased on January 1, 2018. It has been depreciated using the straight- line method based on estimated salvage value of $14,030 and an estimated useful life of 5 years. Prepare Oriole Company's journal entries to record the sale of the equipment in these four independent situations. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List 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) (b) (c) (d) No. Account Titles and Explanation (a) (b) Sold for $59,500 on January 1, 2021. Sold for $59,500 on May 1, 2021. Sold for $35,000 on January 1, 2021. Sold for $35,000 on October 1, 2021. (c) (To record depreciation expense) (To record disposal of equipment at a gain) Debit Credit 2 SUPPORT

Oride Compary owns equipment that cost $125,000 when purchased on January 1,2018. It has been depreciated using the straightline method based on estimated salvage value of $14,% O and an estimated useful tife of 5 years Prepare Oriole Company's journal entries to record the sale of the equipment in these four independent situations. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the occount titles and enter Ofor the amounts.) (a) Sold for $59,500 on January 1,2021. (b) Sold for $59,500 on Moy 1,2021 (c) Sold for $35,000 on January 1,2021. (d) Sold for $35,000 on October 1,2021