Q 9.38: Tellado Industries, a calendar-year company purchased equipment on January 2nd 2018, for $112,000. The equipment was intended to be used for seven years and is depreciated using the straight-line method with no expected salvage value. On July 1st, 2022, Tellado sells the equipment for $43,000. Journalize the entry to record the sale. Cash Accumulated Depreciation--Equipment Equipment 43,000 69,000 112,000 B 43,000 72,000 Cash Accumulated Depreciation-Equipment Equipment Gain on Disposal of Plant Assets 112,000 3,000 Cash Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment 43,000 64,000 5,000 112,000 D 43,000 80,000 Cash Accumulated Depreciation--Equipment Equipment Gain on Disposal of Plant Assets 112,000 11,000