Pharoah Company owns equipment that cost $72,800 when purchased on January 1,2022 . It has been depreciated using the straightline method based on an estimated salvage value of $5,600 and an estimated useful life of 5 years. Prepare Pharoah Company's journal entries to record the sale of the equipment in these four independent situations. (List all debit entries before credit entries. 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 $34,720 on January 1,2025 . (b) Sold for $34,720 on May 1,2025 . (c) Sold for $12,320 on January 1,2025. (d) Sold for $12,320 on October 1,2025 . No. Account Titles and Explanation Debit Credit Arcumulated Depreclation-Equipment Equipmerit Gain on Disposal of Plant Assets (b) Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation) 34720 Accumulated Depreciation-Equfipment Gain den Disposal of Plant Assets (c) Actumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment (d) Depreclation Expense Accumulated Depreciation-Equipment (To record depreciation) Cash Accumuloted Depreciation-Equipment Loss on Disposal of Plant Assets Equipment