Flounder Manufacturing has old equipment that cost $$48,500.$ The equipment has

accumulated depreciation of $$28,100.$ Flounder has decided to sell the equipment. $($List all

debit entries before credit entries. Credit account titles are automatically indented when amount is

entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and

enter $0$ for the amounts.$)$

What entry would Flounder make to record the sale of the equipment for $$31,000$ cash?

What entry would Flounder make to record the sale of the equipment for $$15,000$ cash?