Sandhill Productions Corp. purchased equipment on March 1, 2021, for $72,200. The company estimated the equipment would have a useful life of three years and produce 10,000 units, witha residual value of $11,000. During 2021, the equipment produced 4,500 units. On November 30,2022 , the machine was sold for $18,000 and had produced 5,600 units that year. (a) Record all the necessary journal entries for the years ended December 31, 2021 and 2022, using the following depreciation methods: (List all debit entries before credit entries. Credit occount tities are outomotically indented when the amount is entered. Do not indent manually If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Round the depreclotion rote in the double dimintshing-balance method to the nearest whole percent, eg.43\% and round depreciation per unit in the units-of-production depreciation method to 2 decimal ploces, es. 2.25 and final answers to 0 decimal places, es. 5.275.) Date Account Titles and Explanation Debit Credit 2021 Mar. 1 Equipment 12200 Dec. 31 Depreciation Expense Accumulated Depreciation-Equipment 2022 Nov. 30 Depreciation Expense Accumulated Depreciation - Equipinent (To record depreciation expense) Nov. 30 Cash Accumulated Depreciation - Equipment Gain on Disposal Equipment (To record the sale of machine) (2) Double-diminishing-balance Mar. 1 Equipment Cash Dec. 31 Depletion Expense Accimulated Deprecizyon- Equipment 2022 Nov. 30 Depreciation Expense Accumulated Depreciation- Equipment (To record depreciation expense) Nov. 30 Rent Expense Equipment Accumulated Depreciation - Buildings Depreciation Expense (To record the sale of Dachine) (3) Units-of-Production Mar. 1 Dec. 31 2022 Nov. 30 (To record depreciation expense)