Prepare the lournal entry to record depreciation recorded on December 31. (Credit account titles are automatically indented when the 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.) What was the depreciation expense? Dec. 31 (a) Accum Depreciation Expense Dec.31 (b) Gain on Disposal of Plant Assets Dec. 31 (c) Prepare the journal entries to record purchase of equipment on January 1. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.) What was the cash paid