Equipment acquired on January 1, 2006, is sold on June 30, 2009, for $11, 200. The equipment cost $26, 800, had an estimated residual value of $6, 800, and an estimated useful life of 5 years. The company prepared financial statements on December 31, and the equipment has been depreciated using the straight line method. Record the depreciation expense (adjusting entry) of the equipment for 2008, and 2009. Record the sale of the equipment (show calculations)