Your answer is partially correct. Culver Corporation donates equipment and a truck to the community Home Assistance Centre. The equipment had a cost of $104,000, accumulated depreciation to the contribution date of $37,000, and a fair value of $71,000. The truck had a cost of $55,000, accumulated depreciation to the contribution date of $29,000, and a fair value of $38,000. Prepare the journal entry Culver Corporation would make for the donation. (Credit account titles are automatically indented when 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. List all debit entries before credit entries.) Account Titles and Explanation Contribution Expense Debit 109000 Credit Accumulated Depletion Vehicles Gain on Disposal of Equipment Gain on Disposal of Automobiles 66000 104000 55000 33000 17000 eTextbook and Media Save for Later Last saved 1 day ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. Attempts: 1 of 3 used Submit Answer