Oriole Company owns equipment that cost $70,000 when purchased on January 1, 2019. It has been depreciated using the straight-line method based on an estimated salvage value of $10,000 and an estimated useful life of 5 years. Prepare Oriole Companys journal entries to record the sale of the equipment in these four independent situations. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

(a)		Sold for $36,000 on January 1, 2022.
(b)		Sold for $36,000 on May 1, 2022.
(c)		Sold for $14,000 on January 1, 2022.
(d)		Sold for $14,000 on October 1, 2022.

No. Account Titles and Explanation Debit Credit (a) Cash 736000) TAccumulated Depreciation Equipment 136000 TGain on Disposal of Plant Assets 572000 Tquipment 170000 (b) Depreciation Expense 74000_5 5 74000 TAccumulated Depreciation Equipment (To record depreciation) TAccumulated Depreciation-Equipment 36000) 40000 1 576000 Gain on Disposal of Plant Assets 70000 TEquipment (To record sale of equipment) (c) Toepletion Expense 24000 36000 200000 TAccumulated Depreciation Equipment TLoss on Disposal of Plant Assets Equipment F7000 In 2000 (d) Depreciation Expense TAccumulated Depreciation Equipment (To record depreciation) TLoss on Disposal of Plant Assets 14000 1140005 45000 Equipment 5 Depreciation Expense T11000 Cash 370000 (To record sale of equipment)