Pryce company owns equitment that cost $67,200 when purchased on January 1, 2014. It has been depreciated using the straight- line method based on estimated salvage value of $5000 and an estimated of $5000 and an estimated useful life of 5 years.

Prepare Pryce companys journal entries to record the sale of equitment in these four independent situations.

A.) sold for $32,320 on Jan 1, 2017

B.) sold for $32,320 on May 1, 2017

C.) sold for $ 10,400 on Jan 1, 2017

D.) sold for $ 10,400 on Oct 1, 2017