S 8-12 (Algo) Disposal of assets LO P2 Garcia Company owns equipment that cost $81,600, with accumulated depreciation of $43,200. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,600 cash, (2) $38,400 cash, and (3) $33,300 cash. View transaction list Journal entry worksheet A B C Record the sale of equipment assuming Garcia sells the equipment for $50,600 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit