Accounting 200:

A piece of equipment was retired on Dec. 31, 2015. The equipment originally cost dollar34,000 and has related A/D of dollar 24,000 as of Jan. 1, 2015. Additional depreciation of dollar 3,000 needs to be recorded on this piece of equipment at Dec. 31, 2015. Update the depredation below (#5) Then record the retirement (#6). Record the retirement of the equipment (from #5) including the gain or loss