QUESTION 1 Mack Company purchased equipment in 2018 for $250,000 and estimated an $10,000 salvage value at the end of the equipment's 12- year useful life. At December 31, 2024, there was 140,000 in the Accumulated Depreciation account for this equipment using the straight-line method of depreciation. On March 31, 2025, the equipment was sold for $32,000. 1 Prepare the appropriate journal entries to remove the equipment from the books of the Mack Company on April 30, 2025. UPLOAD YOUR ANSWER AS A PDF FILE. Attach File Browse Local Files QUESTION 2 On 12/31/18 The Deere Company sold office equipment that had a book value of $7,400 for $9,000. The office equipment originally cost $18,000 and it is estimated that it would cost $21,000 to replace the office equipment. Prepare the appropriate journal entry to record the disposition of the office equipment. UPLOAD YOUR ANSWER AS A PDF FILE. Attach File Browse Local Files