Faster Company purchased equipment in 2010 for $104,000 and estimated an $8,000 salvage value at the end of the equipment's 10-year useful life. At December 31, 2016, there was $67,200 in the Accumulated Depreciation account for this equipment using the straight-line method of depreciation. On March 31, 2017, the equipment was sold for $21,000 Indicate the accounts increased/decreased to remove the equipment from the records of Faster Company on March 31, 2017 o. Account Titles and Explanation Increase/Decrease Amount To record depreciation expense for the first 3 months of 2014) 2. (To record sale of equipment)