Cullumber Company purchased equipment in $2026$ for $$94,000$ and estimated an $$7,000$ salvage value at the end of the

equipment's $10-$year useful life. At December $31,2027,$ there was $$17,400$ in the Accumulated Depreciation account for

this equipment using the straight$-$line method of depreciation. On March $31,2028,$ the equipment was sold for $$19,200.$

Prepare the appropriate journal entries to remove the equipment from the books of Cullumber Company on March $31,$

$($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.$)$

No$.$ Account Titles and Explanation

Debit

Credit

$($To record depreciation expense for the first $3$ months

of $2028)$

$($To record sale of equipment$)$