HH Co. purchased equipment at the beginning of 2020 for $ 64,000 with an estimated residual value of $ 6,400 that it has depreciate for the past 2 full years using the double-diminishing-balance method at a rate of 40%. They sold the equipment at the beginning of 2022 for $ 25,600 cash. Determine the amount of the gain or loss on the disposal of the equipment. List of Accounts --/2 Question Part Score Prepare the journal entry to record the disposition. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account title and enter o for the amounts.) Debit Credit Account Titles and Explanation Question Part Score --/2 AC Prepare the journal entry to record the disposition (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts.) QU Ace Account Titles and Explanation Debit Credit Que Acco Ques Accou Quest Account Questi List of Accounts Questio Account