Blue Corporationowns machinery that cost $24.800 when purchased on July 1, 2017. Depreciation has been recorded at a rate of $2976 per year, resulting in a balance in accumulated depreciation of $10,416 at December 31, 2020. The machinery is sold on September 1, 2021, for $6,448 Prepare journal entries to (a) update depreciation for 2021 and (b) record the sale. (Round answers to O decimal places, eg. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) No. Account Titles and Explanation Debit Credit ( (b)