On May 28, 2024, Pharoah Services purchased equipment for $102,000, giving the supplier a 1-year note at 6% (due at maturity) for $80,680, and paid the balance with cash. Pharoah also paid Wu Engineering $7,800 cash for installing the equipment on May 30. The equipment's useful life was estimated to be five years, with an $18,600 residual value. The straight-line method of depreciation is used for equipment and Pharoah has a calendar year end. On October 4, 2026, the equipment was destroyed in an accident. Pharoah received $61,980 cash as insurance proceeds for the equipment. (a) Record the transactions of May 28 and 30, 2024. (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. List all debit entries before credit entries.) Date Account Titles Debit Credit 10 13C b