What if the facts were different? Assume that the equipment that was sold was 50% depreciated. Since you do not know what the equipment was sold for, create a general entry with unknown values in the Cash, Gain, and Loss accounts. Can you recreate the journal entries for the change in PP\&E and the Depreciation expense? \begin{tabular}{|c|l|} \hline \multicolumn{2}{|c|}{ PP\&E } \\ \hline 100,000 & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline 90,000 & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Accumulated Depreciation - PP\&E } \\ \hline & 20,000 \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & 17,000 \\ \hline \end{tabular} \begin{tabular}{|r|l|} \hline \multicolumn{2}{|c|}{ Net PP\&E (Not a real account) } \\ \hline 80,000 & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline 75.000 & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline \multicolumn{2}{|l|}{} \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular}