Garcia Company owns equipment that cost $82,000, with accumulated depreciation of $43,400. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,900 cash, (2) $38,600 cash, and (3) $33.500cash. Podniguez Compsny psys $321,165 for real estate with iand, land improvements, and a buliding. Land is appraised at $193,500 : land miprovements are nporaised at $86,000, and the bullding is appralsed at $150,500 1. Alocate the totol cost among the three assetsi 2. Prepore the jouinal entry to record the purchase