Equipment was purchased at a cost of $69,000. The equipment had an estimated useful life of 5 years and a residual value of $4,000. Assuming the equipment was sold at the end of Year 4 for $9,000, which of the following will be included in the journal entry? (Assume the straight-line depreciation method.) a. Debit to Gain on Sale of Equipment for $8,000 b. Debit to Equipment for $69,000 c. Debit to Accumulated Depreciation for $52,000 d. Debit to Loss on Sale of Equipment for $9,000