Shown below are the T-accounts relating to equipment that was purchased for cash by a company on the first day of the current year. The equipment was depreclated on a stralght-line basls with an estimated useful life of 10 vears and a salvage value of 5256 . Part of the equipment was sold on the last day of the current year for cash proceeds. Prepare the joumal entry to record depreclatlon recorded on December 31 . (List all debit entries before credit entries Credit account account tities and enter 0 for the amounts] Whatwas the depredation expense