The Bomb Pop Corporation sold ice cream equipment for $11,800 The equipment was originally purchased for $37,000, and accumulated depreciation through the date of sale totaled $24,000 Required: 1. What was the gain or loss on the sale of the equipment? 2 Record the sale of the equipment. Complete this question by entering your answers in thet tabs belaw. What was the gain or loss on the sale of the equipment? first account field.) Journal entry worksheet Note: Enter debits before credits