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Pronghorn Company has an old factory machine that cost $53,000. The machine has accumulated depreciation of $29,680. Pronghorn has decided to sell the machine (List

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Pronghorn Company has an old factory machine that cost $53,000. The machine has accumulated depreciation of $29,680. Pronghorn has decided to sell the machine (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (a) What entry would Pronghorn make to record the sale of the machine for $26,680 cash? (b) What entry would Pronghorn make to record the sale of the machine for $16,680 cash? No. Account Titles and Explanation Debit Credit (a) (b)

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