Project 11N: Record the journal entry for the sale of equipment Garcia Co. owns equipment that costs $150,000, with accumulated depreciation of $65,000. Garcia sells the equipment for cash. Record the journal entry for the sale of the iequipment if Garcia were to sell the equipment for the following amounts: A. $90,000cash B. $85,000cash C. $80,000 cash Missing values A. Cash Accumulated depreciation Gain on sale of equipment Equipment B. Cash Accumulated depreciation Equipment C. Cash Accumulated depreciation Loss on sale of equipment Equipment