Tamarisk Company purchased equipment on June 1,2022 for $1495000. At the time of acquisition, the machine was estimated to have a useful life of five years and an estimated salvage value of $325000. The company has depreciated the asset using the straightline method, in May 2025, the company decided to cease production of one of its product lines and to dispose of the equipment. On June 1,2025 , the machine was sold for $803000. The journal entry to record the sale of the machine will include acredit to Accumulated Depreciation - Equipment for $598000 a credit to Gain on Disposal for $10000. a credit to Equipment for $793000. a debit to Loss on Disposal for $94000