Alpha Communication purchased equipment on January 1, 2016, for $18,000. Suppose Alpha Communication sold the equipment for $13,000 on December 31, 2017. Accumulated Depreciation as of December 31 2017, was $8,000. Journalize the sale of the equipment, assuming straight-line depreciation was used. First, calculate any gain or loss on the disposal of the equipment. Market value of assets received _____ Less: Book value of asset disposed of Cost _____ Less: Accumulated Depreciation ____ ____ Gain or (Loss) ______ Now, journalize the sale of the equipment. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate.)