How would you account for the following scenario: 2006: purchase a piece of office equipment for $45,000 This piece of equipment has a useful life of 7 years and no salvage value, and 150% diminishing balance depreciation is used. In 2009, the equipment has a market value of $25,000. In 2010, the equipment could be sold for $10,000. However, the company decide to keep the equipment as it may become useful again in the future.