Jan. 1 Presented below are selected transactions for the Ivanhoe Company for 2023. Retired a piece of equipment that was purchased on January 1, 2013. The equipment cost $82,500 on that date and had a useful life of 10 years with no salvage value. Sold equipment for $41.800 that was purchased on January 1, 2020. The equipment cost $115,500 and had a useful life of 5 years with no salvage value. Discarded equipment that was purchased on June 30, 2019. The equipment cost $46,200 and was depreciated on a 5-year useful life with a salvage value of $2,200. April 30 Dec. 31 Journalize all entries required as a result of the above transactions. Ivanhoe Company uses the straight-line method of depreciation and has recorded depreciation through December 31, 2022. (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 for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 Accumulated Depreciation-Equipment 82500 Equipment April 30 Depreciation Expense 7700 Accumulated Depreciation Equipment (To record depreciation) Cash 41800 Accumulated Depreciation Equipment 77000 Equipment 115500 Galn on Disposal of Plant Assets HIA HORA DE LAS 002 (To record sale of equipment) Dec. 31 Depreciation Expense 8800 Accumulated Depreciation Equipment (To record depreciation) Accumulated Depreciation Equipment 22000 Loss on Disposal of Plant Assets 4400 Equipment To record sale of equinment