Exercise 9-10 Pryce Company owns equipment that cost $65,000 when purchased on January 1, 2017. It has been depreciated using the straight-line method based on an 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 o 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 $31,000 on January 1, 2020. Sold for $31,000 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 31000 36000 Accumulated Depreciation Equipment Gain on Disposal of Plant Assets 2000 Equipment 65000 (b) (To record depreciation) (To record sale of equipment) (To record depreciation) (To record sale of equipment) Click if you would like to Show Work for this question: Open Show Work