Exercise 11-10 (Algo) Disposal of property, plant, and equipment [LO11-2] Mercury Incorporated purchased equipment in 2022 at a cost of $169,000. The equipment was expected to produce 300,000 units over the next five years and have a residual value of $49,000. The equipment was sold for $103,800 part way through 2024. Actual production in each year was: 2022 = 42,000 units 2023 = 67,000 units 2024 = 34,000 units. Mercury uses units-of-production depreciation, and all depreciation has been recorded through