Question 25 (4 points) Lynn Company owns equipment that cost $120,000 when purchased on January 1, 2020. It has been depreciated using the straight-line method based on an estimated salvage value of $15,000 and an estimated useful life of 5 years. On January 1, 2022, the company sold the equipment for $52,000. Accumulated Depreciation has been recorded through December 31, 2021. Prepare Lynn Company's journal entry to record the sale of the equipment. This journal entry is a compound entry please enter DR then debit account and amount for any debit(s) and CR then credit account and amount for any credit(s). Enter debit(s) first. Blank # 1 Blank # 2 Blank # 3 Blank # 4