Vineyard Company sold the following two pieces of equipment in 2022: Equipment A Equipment B Cost $116,000 $63,000 Purchase date 7/1/18 1/1/19 Useful life 8 years 5 years Salvage value $4,000 $3,000 Depreciation method Straight-line Straight-line Date sold 7/1/22 9/1/22 Sales price $49,000 $20,000 Indicate the accounts required to be increased/decreased 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.