Wildhorse uses the diminishing-balance method at one times the straight-line depreciation rate. Wildhorse Limited purchased delivery equipment on March 1, 2019 for $131,250 cash. At that time, the equipment was estimated to have a useful life of five years and a residual value of $10,080. The equipment was disposed of on November 30, 2021. Wildhorse uses the diminishing-balance method at one times the straight-line depreciation rate, has an August 31 year end, and makes adjusting entries annually, Record the acquisition of equipment on March 1, 2019. (List all debit entries before credit entries. 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 for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 1 List of Accounts Record depreciation at August 31, 2019 2020, and 2021. (List all debit entries before credit entries. 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 for the amounts. Round answers to decimal places, es. 5,275) Date Account Titles and Explanation Debit Credit Aug. 31, 2019 Aug. 31, 2020 Aug 31, 2021 List of Accounts Record the disposal of the equipment on November 30, 2021, under each of the following independent assumptions: (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to O decimal places, eg. 5,275. If no entry is required, select "No Entry for the account titles and enter for the amounts.) 1. 2. It was sold for $61,370 It was sold for $86,740 It was retired for no proceeds 3 No. Date Account Titles and Explanation Debit Credit Nov. 30 {To record depreciation on equipment disposed) (1) Nov. 30 To record depreciation on equipment disposed) (1) Nov. 30 (2) Nov. 30 (3) Nov 30