Garcia Company owns equipment that cost $80,800, with accumulated depreciation of $42,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,000 cash, (2) $38,000 cash, and (3) $32,900 cash. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $50,000 cash. Note: Enter debits before credits. Garcia Company owns equipment that cost $80,800, with accumulated depreciation of $42,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,000 cash, (2) $38,000cash, and (3) $32,900cash. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $38,000 cash. Note: Enter debits before credits. Garcia Company owns equipment that cost $80,800, with accumulated depreciation of $42,800. Record the sale of the equipment under the following three separate cases assuming Garcia selis the equipment for (1) $50,000 cash, (2) $38,000cash, and (3) $32,900 cash. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $32,900 cash. Note: Enter debita pefore credits