The following three accounts appear in the general ledger of Coronado Corp. during 2022. Date Jan. 1 Balance July 31 Purchase of equipment Sept. 2 Purchase of equipment Nov. 10 Cost of equipment sold Equipment Debit Credit Balance 159,600 71,200 230,800 52,500 283,300 48,300 235,000 Accumulated Depreciation-Equipment Date Debit Credit Balance Jan. 1 Balance 70,500 Nov. 10 Accumulated depreciation on equipment sold 17,200 53,300 Dec. 31 Depreciation for year 23,800 77,100