Garcia Company owns equipment that cost $84,000, with accumulated depreciation of $44,400. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $52,400 cash, (2) $39,600 cash, and (3) $34,500 cash. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $52,400 cash. Note: Enter debits before credits. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $39,600 cash. Note: Enter debits before credits. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $34,500 cash. Note: Enter debits before credits