Wildhorse company purchased equipment for $228,800. The equipment had a 10-year useful life and an $17,600 salvage value. At December 31, 2021, there was $147,840 in the Accumulated Depreciation account for this equipment using the straight-line method of depreciation. On March 31, 2022, the equipment was sold for $46,200. Prepare the appropriate journal entries to remove the equipment from the books of Wildhorse Company on March 31, 2022. (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.) No. Account Titles and Explanation Debit Credit 1. 2. (To record depreciation expense for the first 3 months of 2022)