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QS 10-12 Disposal of assets P2 Garcia Co.owns equipment that cost $76,800, with accumulated depreciation of $40,800. Record the sale of the equipment under the

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QS 10-12 Disposal of assets P2 Garcia Co.owns equipment that cost $76,800, with accumulated depreciation of $40,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $47.000 cash, (2) $36,000 cash, and (3) $31.000 cash. Your answer 7 AB I - I 3 2

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