Muckay, Inc., had a piece of equipment that cost $42,000 and had accumulated depreciation of $40,000. Read the requirement a Mackay discarded the equipment receiving $0 (Record debits first, then credits. Exclude explanations from all journal entries.) Journal Entry Date Accounts Debit Credit a. b. Mackay sold the equipment for $4,500 cash. Journal Entry Date Accounts Dobit Credit b. c. Mackay traded the equipment in on a new piece of equipment costing 862,000 Mackay was granted a $6,500 trade-in allowance for the older a. Mackay discarded the equipment receiving $0. (Record debits first, then credits. Exclude explanations from all journal entries.) Journal Entry Accounts Date Debit Credit a. b. Mackay sold the equipment for $4,500 cash. Journal Entry Date Accounts Debit Credit b. c. Mackay traded the equipment in on a new piece of equipment costing $52,000. Mackay was granted a $5,500 trade-in allowance fa Journal Entry Date Accounts Debit Credit C. . Mackay traded the equipment in on a new piece of equipment conting $52,000. Mackay was granted a $5.500 traden allowance for the old equipment and paid the difference in cash. Journal Entry Date Accounts Debit Cred d. Mackay traded the equipment in ona w piece of equipment costing 541.000 Mackay was granted $1,000 trade in wwe for the old gument and igned a note payable for the difference Journal Entry Date Accounts Debit Credit d