Please write out answers. I cannot read typed answers!

Concord Manufacturing has old equipment that cost $55,000. The equipment has accumulated depreciation of $28,500. Concord has decided to sell the equipment. (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 O for the amounts.) (a) What entry would Concord make to record the sale of the equipment for $27.000 cash? (b) What entry would Concord make to record the sale of the equipment for $15,000 cash? Account Titles and Explanation Debit Credit (a) Cash 27000 Accumulated Depreciation Equipment 28500 Gain on Disposal of Plant Assets Equipment 26500 b (b) Cash 15000 1000 Accumulated Deprecation Equipment 28500 Losxon Disposal of Plant Assets 40.000 Equipment