Prepare necessary journal entries by June 30, 2019, assuming the adjusting entries for depreciation expense have been correctly recorded through December 31, 2018.

1. Bennett Corporation sold a piece of equipment on June 30, 2019 for $100,000 cash.

2. The team had been purchased on January 1, 2015 for $150,000. 

3. It had an estimated useful life of 6 years and a salvage value of $30,000. 

4. Bennett Corp. has been using the straight-line depreciation method and has a year-end of December 31.