Garcia Company owns equipment that cost $84,800, with accumulated depreciation of $44,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $53,000 cash, (2) $40,000 cash, and (3) $34,900 cash. View transaction list Journal entry worksheet < A B C Record the sale of equipment assuming Garcia sells the equipment for $53,000 cash. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal