Con January 2. Year 1, Parker Company purchased equipment costing 510,200 , with an estimated salvage value of 42,400 and an estimated useful ife of 6 years. On Decentoer 31, Year 2, Parker Coropany sold the equ pment to Used Machine Company for $6,561. Requiredi Prepare the journal entry to record the saie of the asset? Note: Assume that Porker Company utes the straight-line depreciation method and that deprecistion has already been recorded for the current year