Question 2 of 8 > - /10 Current Attempt in Progress Shawn below are the accounts relating to equipment that was purchased for cash by a company on the first day of the current year, The Taccounts show the balance in the accounts on January 1 along with the effects of transactions recorded on December 31 of the current year. The equipment was depreciated on a straight-line basis with an estimated useful life of 10 years and a residual value of S180. Part of the equipment was sold on the last day of the current year for cash proceeds while the remaining equipment that was not sold became impaired Recontract the journal entries to record the following and drive the most amounts list alldehit entries before credit entries Credit account titles are automatically indented when the amount is entered. De not indent manually. If ne entry is required select "No Entry for the account tities and enter for the amounts.) Date Account Titles and Explanation Debit Credit Jan 1 moment Cast Dec. 31 Depletion Experte M.com Durationament Dec. 31 Cash Ganool Ch 9 HW - / 10 Question 2 of 8 Date Account Titles and Explanation Jan. 1 Et Debit Credit Cash Dec 31 Depletion Expert Accumulated Doction Comment Dec 31 Cach Accumulated Depreciation Equipment Ganon pal Equipment Dec 31 Impairment Loss Accumulated Depreciation - Equiment (0) Purchase of equipment on January 1. What was the cash poldt Depreciation recorded on December 31. What was the depreciation expense? 11 Ch 9 HW Question 2 of 8 - /10 (a) Purchase of equipment on January 1 What was the cash paid? Depreciation recorded on December 31 What was the depreciation expense? Sale of part of the equipment on December 31. What was the gain on disposal? Partio impairment loss on the remaining equipment on December 31, What was the impairment foss? c) Cash Jan 1 Dec 31 882 Equipment Jan. 1 2.180 Dec 31 872 200 Accumulated Depreciation-Equipment Dec 31 30 Dec 31 Depreciation Expense Dec 31 51 Dec. 31 ol Gain on Disposal