Ceradyne Company sold equipment that had a book value of $12.420 for $13,800. The equipment originally cost $41,400 and it is estimated that it would cost $52,440 to replace the equipment. Prepare the appropriate journal entry to record the disposition of the equipment. (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 O for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit