Pharoah Company owns equipment that cost $115,000 when purchased on January 1, 2018. It has been depreciated using the straight-line method based on an estimated salvage value of $14,500 and an estimated useful life of 5 years. Prepare Pharoah Companys journal entries to record the sale of the equipment in these four independent situations (a)Sold for $58,000 on January 1, 2021. (b)Sold for $58,000 on May 1, 2022. (c)Sold for $34,000 on January 1, 2021. (d)Sold for $34,000 on October 1, 2021.