Exercise 9-10 Marigold Corp. owns equipment that cost $64,100 when purchased on January 1, 2017. It has been depreciated using the straight-line method based on an estimated salvage value of $3,200 and an estimated useful life of 5 years. Prepare Marigold Corp.'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 enter o for the amounts.) (a) Sold for $31,540 on January 1, 2020. (b) Sold for $31,540 on May 1, 2020. (c) Sold for $11,000 on January 1, 2020. (d) Sold for $11,000 on October 2020. No. Account Titles and Explanation Debit Credit (a) (b) (To record depreciation) (To record sale of equipment) (d) (To record depreciation) (To record sale of equipment)