QS 8-12 (Static) Disposal of assets LO P2 Garcia Company owns equipment that cost $76.800, with accimalated deprectation of $40,800 Record the saie of the equipment under the following three coparate cases ossuming Gateit sells the equipment for (1) 547,000 cosh. (2) $36,000 cash, and (3) $31,000 cash. Journal entry worksheet c. Hecord the sabe of equipment assuming Garcia wels the equipment for $47,000 call