Exercise 10-10 Pryce Company owns equipment that cost $74,800 when purchased on January 1, 2017. It has been depreciated using the straight-line method based on estimated salvage value of $5,000 and an estimated useful life of 5 years. Prepare Pryce Company's journal entries to record the sale of the equipment in these four independent situations. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g.125. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) (a) (b) (c) (d) sold for $36,880 on January 1, 2020. Sold for $36,880 on May 1, 2020. Sold for $11,000 on January 1, 2020. Sold for $11,000 on October 1, 2020. Debit Credit No. Account Titles and Explanation (a) Cash 36880 Accumulated Depreciation Equipment 41880 Equipment 74800 Sales Revenue 3960 (b) Depreciation Expense 4653.33 4653.33 Accumulated Depreciation Equipment (To record depreciation) Cash 36880 (To record sale of equipment)