Gaston owns equipment that cost $22,500 with accumulated depreciation of $11,250. Gaston asks $14,100 for the equipment but sells the equipment for $10,100. Which of the following would not be part of the journal entry to record the disposal of the equipment?

Multiple Choice

Credit Gain on Disposal of Equipment $1,150.

Debit Accumulated Depreciation $11,250.

Debit Cash $10,100.

Credit Equipment $22,500.

Debit Loss on Disposal of Equipment $1,150.