Garcia Company owns equipment that cost $84,400, with accumulated depreciation of $44,600. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $52,700 cash, (2) $39,800 cash, and (3) $34,700 cash. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $52,700 cash. Note: Enter debits before credits: A Record the sale of equipment assuming Garcia sells the equipment for $52,700 cash. B Record the sale of equipment assuming Garcia sells the equipment for $39,800 cash. Record the sale of equipment assuming Garcia sells the equipment for $34,700 cash