Disposal of an Operating Asset Jolie Company owns equipment with a cost of $60,000 and accumulated depreciation of $30,000. Required Prepare the journal entry to record the disposal of the equipment on April 9 assuming: 1. Jolie sold the equipment for $32,100 cash. If an amount box does not require an entry, leave it blank Apr. 9 2. Jolie sold the equipment for $27,900 cash. If an amount box does not require an entry, leave it blank. Apr. 9