Problem #3, (10 points) Prepare the journal entries to record the following transactions for the Sysco Company, which has a year end and uses the straight-line method of depreciation. calendar (a) On June 30, 2017 the company sold old office equipment for $18,000. The office equipment originally (b) On September 30, 2017, Sysco Company sold old delivery equipment for $9,000. The delivery equipment was purchased on January 1,2015, for $19,000 and was estimated to have a $4,000 salvage value at the end of its S-year life. Depreciation on the delivery equipment has been recorded through December 31, 2016. Prepare the journal entries to record the depreciation expense and sale of asset. Date June 30 Account Titles and Explanation Debit To record sale of office equipment Sept. 30 To record depreciation Sept 30 To record sale of delivery equipment