Abbott Landscaping purchased a tractor at a cost of $36,000 and sold it three years later for $18.000. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $2,000 residual value. Tractors are included in the Equipment account. Required: Show all computations. Record the sale. Assume the tractor was sold for $12, 700 instead of $20, 300. Record the sale. Mainline Produce Corporation acquired all the outstanding common stock $41,000,000 in cash. The book values and fair values of Iceberg's assets and