Skysong Company owns equipment that cost $85,000 when purchased on January 1, 2019. It has been depreciated using the straight- line method based on an estimated salvage value of $8,500 and an estimated useful life of 5 years. Depreciation expense adjustments are recognized annually. Instructions: Prepare Skysong Company's journal entries to record the sale of the equipment in these four independent situations. Update depreciation on assets disposed of at time of sale. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) Sold for $49,000 on January 1, 2022. (b) Sold for $49,000 on April 1, 2022. (c) Sold for $18,000 on January 1, 2022. (d) Sold for $18,000 on September 1, 2022. (e) Repeat (a), assuming Skysong uses double-declining balance depreciation. (f) Repeat (c), assuming Skysong uses double-declining balance depreciation. SR. Account Titles and Explanation (a) Cash Accumulated Depreciation-Equipment Gain on Disposal of Plant Assets Equipment (b) Depreciation Expense Accumulated Depreciation-Equipment Debit Credit (b) Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation) Cash Accumulated Depreciation-Equipment gain Equipment (To record sale of Equipment) (c) Cash (d) (To record depreciation) (To record sale of Equipment) (e) 3 (4)