Oriole Company owns equipment that cost $100.000 when purchased on January 2, 2021. It has been depreciated using the straight-line method based on estimated residual value of $4,000 and an estimated useful life of five years. Following are the four independent situations. Prepare Oriole Company's journal entry to record the sale of the equipment for $45.400 on January 2, 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 for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 45,400 2 Accumulated Depreciation - Equipment Cash 57.600 Gain on Disposal 3,000 Equipment 100,000 (To record disposal of equipment.) Prepare Oriole Company's journal entry to record the sale of the equipment for $45.400 on May 1, 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 for the amounts.) Date Account Titles and Explanation Debit Credit May 1 Prepare Oriole Company's journal entry to record the sale of the equipment for $23.600 on January 2, 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 for the amounts.) Debit Credit Date Account Titles and Explanation Jan. 2 (To record disposal of equipment.) Prepare Oriole Company's journal entry to record the sale of the equipment for $23,600 on October 1, 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 for the amounts.) Debit Credit Date Account Titles and Explanation Oct. 1 (To record disposal of equipment.)