Orange sold equipment for $13,322 cash. The equipment cost $76,535 and had accumulated depreciation through the date of the sale of $67,961. What is the journal entry to record the sale of the equipment?

		debit Cash for $13,322, credit Loss on Sale of Equipment $4,748, and credit Equipment for $8,574.
		debit Cash for $13,322, debit Loss on Sale of Equipment for $63,213 and credit Equipment for $76,535.
		debit Cash for $13,322, debit Accumulated Depreciation - Equipment for $67,961, credit Equipment for $76,535 and credit Gain on Sale of Equipment for $4,748.
		debit Cash for $13,322 and credit Gain on Sale of Equipment $13,322.