DISPOSITION OF OPERATING ASSETS Salva Pest Control disposed of four assets recently. Salva’s accounting records provided the following information about the assets at the time of their disposal:

Asset Cost Accumulated Depreciation Pump $ 5,900 $ 4,800 Truck 18,600 17,500 Office equipment 4,200 4,000 Chemical testing apparatus 7,300 4,000 The truck was sold for $2,000 cash, and the chemical testing apparatus was donated to the local high school. Because the pump was contaminated with pesticides, $500 in cash was paid to a chemical disposal company to decontaminate the pump and dispose of it safely. The office equipment was taken to the local landfill.

Required:

Prepare a separate journal entry to record the disposition of each of these assets.