I need help on #9 please

courses/35737/assignments/4252482?modulejtem_id=13447481 Concord Corporation prepares quarterly financial statements. The post-closing trial balance at December 31, 2021, is presented below. CONCORD CORPORATION Post-Closing Trial Balance December 31, 2021 Credit Cash Debit $22.400 23,000 Accounts Receivable Allowance for Doubtful Accounts Equipment $1,200 24,000 Accumulated Depreciation--Equipment Buildings 11,000 121,000 11,000 Accumulated Depreciation-Buildings Land Accounts Payable 20,000 12,150 Common Stock 86,000 Retained Earnings 89,050 $210,400 $210,400 During the first quarter of 2022, the following transactions occurred: 1. On February 1. Concord collected fees of $6,000 in advance. The company will perform $500 of services each month from February 1, 2022, to January 31, 2018 2. On February 1, Concord purchased computer equipment for $9,000 plus sales taxes of $600. $3,000 cash was paid with the rest on account. Check #455 was used During the first quarter of 2022, the following transactions occurred: 1. On February 1. Concord collected fees of $6,000 in advance. The company will perform $500 of services each month from February 1, 2022. to January 31, 2018 2. On February 1. Concord purchased computer equipment for $9,000 plus sales taxes of $600 $3,000 cash was paid with the rest on account Check +455 was used 3. On March 1, Concord acquired a patent with a 10-year life for $9,600 cash. Check #456 was used. 4. On March 28, Concord recorded the quarter's sales in a single entry. During this period, Concord had total sales of $150,000 (not including the sales referred to in item 1 above). All of the sales were on account. 5. On March 29, Concord collected $143,000 from customers on account 6. On March 29. Concord paid $16,150 on accounts payable. Check 457 was used. 7. On March 29. Concord paid other operating expenses of $96,000. Check 458 was used. 8. On March 31. Concord wrote off a receivable of $200 for a customer who declared bankruptcy. 9. On March 31, Concord sold for $1,940 equipment that originally cost $13.000. It had an estimated life of 5 years and salvage of $1.000. Accumulated depreciation as of December 31, 2021, was 59.600 using the straight line method. (Hint: Record depreciation on the equipment sold, then record the sale.) /35737/assignments/4252482?module_item_id=13447481 Accounts Receivable 143000 March 294 6. Accounts Payable 16150 Cash 16150 March 29 7. Other Operating Expenses 96000 Cash 96000 March 314 8. Allowance for Doubtful Accounts 200 Accounts Receivable I 200 March 31 9. Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation expense) Cash Loss on Disposal of Plant Assets 1940 Accumulated Depreciation Equipment Equipment 24000 24000 (To record sale of equipment) e Textbook and Media