PLEASE ONLY Indicate the accounts that are increased and/or decreased to remove the equipment from the books of Brown Company on March 31, 2015.

Brown Company purchased equipment in 2008 for $150,000 and estimated a $10,000 salvage value at the end of the equipment's 10-year useful life. At December 31, 2014, there was $98,000 in the Accumulated Depreciation account for this equipment using the straight-line method of depreciation. On March 31, 2015, the equipment was sold for $40,000. Indicate the accounts that are increased and/or decreased to remove the equipment from the books of Brown Company on March 31, 2015.