Exercise 244 Vineyard Company sold the following two pieces of equipment in 2014: Equipment A $116,000 Equipment B $63,000 Cost Purchase date Useful life Salvage value 8 years 4,000 5 years $3,000 Date sold Sales price $49,000 $20,000 Journalize all entries required to update depreciation and record the sales of the two assets in 2014. The company has recorde depreciation on the equipment through December 31, 2016. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and ent 0 for the amounts.)