Problem 1: Determine the cash proceeds for the following three scenarios: Scenario 1: A company reports the cost for a piece of equipment at $100,000. The related accumulated depreciation on the equipment is equal to $75,000. When the company sells the equipment, the transaction results in a $5,000 gain. What are the proceeds received from "disposing of the equipment? Proceeds received: Scenario 2: A company reports the cost for a piece of equipment at $100,000. The related accumulated depreciation on the equipment is equal to $75,000. When the company sells the equipment, the transaction results in a $5,000 loss. What are the proceeds received from "disposing of the equipment? Proceeds received: Scenario 3: A company reports the cost for a piece of equipment at $100,000. The related accumulated depreciation on the equipment is equal to $75,000. When the company sells the equipment, the transaction results in a $25,000 loss. What are the proceeds received from "disposing of the equipment? Proceeds received