thank you, and ill make sure to thumbs up!

On July 15, 2021, Cottonwood Industries sold a patent and equipment to Roquemore Corporation for $870,000 and $385,000. respectively. On the date of the sale. the book value of the patent was $180.000, and the book value of the equipment was $472,000 (cost of $682,000 less accumulated depreciation of $210,000 ) Prepare the journal entries to record the sales of the patent and equipment. (If no entry is required for o transoction/event, select "No journal entry required" in the first account field.) Journal entry worksheet F.cord the sale of the patent for 5970,000 , On the date of the cale, the book value of the patent was 7180,000 . Note Eoter debls before credits On July 15, 2021, Cottonwood Industries sold a patent and equipment to Roquemore Corporation for $870,000 and $385,000, respectively. On the date of the sale, the book value of the patent was $180,000, and the book value of the equipment was $472,000 (cost of $682,000 less accumulated depreciation of $210,000) Prepare the joumal entries to record the sales of the patent and equipment. (If no entry is required for a transaction/event, select "No journol entry required" in the first account field.) Journal entry worksheet Record the sale of the equipment for $385,000. On the date of the sale, the book value of the equipment was $472,000 (cost of $682,000 less accumulated deprecation of $210,000). Noto. Enter dabts before credite