Blossom Company sells office equipment on July $31,2022,$ for $$23,050$ cash. The office equipment originally cost $$85,450$ and as of January $1,2022,$ had accumulated depreciation of $$39,450.$ Depreciation for the first $7$ months of $2022$ is $$4,410.$

Prepare the journal entries to $($a$)$ update depreciation to July $31,2022,$ and $($b$)$ record the sale of the equipment.