Company X and Company Z are related companies subject to consolidation. On 1/1/19, Company X sold machinery to Company Z for $50,000 cash that had an original purchase price of $150,000, useful life of 10 years, accumulated depreciation at the time of sale of $60,000, and was expected to be continued to be depreciated at $15,000 per year had it not been sold. Company Z placed the machine in service on 1/1/19, and is depreciating it over 2 years using straight-line depreciation. The portion of the elimination entry at the time of consolidation to account for any required adjustment to the equipment account would be: