Abbott Landscaping purchased a tractor at a cost of $38,000 and sold it three years later for $19,300. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $2,500 residual value. Tractors are included in the Equipment account Required: 1. Record the sale. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the sale of equipment Note: Enter debits before credits Transaction General Journal Debit Credit