Question 7 Tiger Company purchased equipment in 2005 for $95.000 and estimated a $6.500 salvage value ante do the equipment's 10-year useful life. At December 31, 2020, there was $53.100 W the accumulated Depreciation account for this equipment using the straight-line method of depreciation. On March 31,2021 the equipment was sold for $22,000 Prepare the appropriate journal entries to remove the equipment from the books of Tiger Company on March 31, 2021