Gaston owns equipment that cost $29,500 with accumulated depreciation of $20,650. Gaston sells the equipment for $8,000. Which of the following would not be part of the journal entry to record the disposal of the equipment? Multiple Choice Credit Equipment $29,500. Debit Loss on Disposal of Equipment $850. Debit Cash $8,000. o Credit Gain on Disposal of Equipment $850. Debit Accumulated Depreciation $20,650