On September 30, 2022, the company sold old equipment for $41,400. The equipment was purchased on January 1, 2020, for $86,400 and was estimated to have a $14,400 salvage value at the end of its 5-year life. Depreciation on the equipment has been recorded through December 31, 2021. (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.) Date Account Titles and Explanation September 30, 2022 List of Accounts Deprecation Expense Accumulated Depreciation-Equipment (To record depreciation expense for the first 9 months of 2022) Cash Accumulated Depreciation-Equipment Loss on Disposal of equipment Equipment (To record sale of delivery equipment) Debit Credit 10800 41400 39600 32400 On June 30, 2022, the company gold old equipment for $21,600. The equipment originally cost $32.400 and had accumulated depreciation to the date of disposal of $13,500. (Credit account titles are automatically indented when the amount is entered. Do nom indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date June 30, Account Titles and Explanation 2022 List of Accounts Debit Credit Assistance Used