| Prepare the journal entry to record the transaction if accumulated depreciation is $42,040(Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) prepare the journal entry to record the transaction if accumulated depreciation is $38,470. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) | 
