Garcla Company owns equipment that cost $78,400, with accumulated depreciation of $41,600. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $48,200 cash, (2) $36,800 cash, and (3) $31,700 cash. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $48,200 cash. Note: Enter debits before credits. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $36,800 cash. Note: Enter debits before credits. Journal entry worksheet Record the sale of equipment assuming Garcla sells the equipment for $31,700 cash. Note: Enter debits before credits