Cullumber Company sold the following two pieces of equipment in 2022: Equipment A Equipment B Cost $243,600 $132,300 Purchase date 7/1/18 1/1/19 Useful life 8 years 5 years Salvage value $8,400 $6,300 Depreciation method Straight-line Straight-line Date sold 7/1/22 9/1/22 Sales price $102,900 $42,000 Journalize all entries required to update depreciation and record the sales of the two assets in 2022. The company has recorded depreciation on the equipment through December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Equipment A Date Account Titles and Explanation July 1 Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation) Cash Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment (To record the sale of asset) Debit 58800 102900 Credit 58800 243600 Equipment B Date Account Titles and Explanation Sept. 1 (To record depreciation) (To record the sale of asset) Debit Credit