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Sandhill Company owns equipment that cost $72.000 when purchased on January 2, 2024, It has been depreciated using the straightline method based on estimated residual value of $6,000 and an estimated useful life of frve years. Following are the four independent situations. Prepare Sandhili Company's journal entry to record the sale of the equipment for $35,600 on January 2, 2027. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts, List all debit entries before credit entries.) Prepare Sandhill Company's journal entry to record the sale of the equipment for $35,600 on May 1, 2027. (Credit occount titles are outomatically 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. List all debit entries before credit entries.) Prepare Sandhill Company's journal entry to record the sale of the equipment for $15,300 on January 2, 2027. (Credit account titles are outomatically 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. List all debit entries before credit entries.) Prepare Sandhill Company's journal entry to record the sale of the equipment for $15,300 on October 1,2027 . (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 occount tities and enter O for the amounts. List all debit entries before credit entries.)

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