Dartin Corporation sold a piece of equipment on June 30, 2019 for $65,000 cash. The equipment had been purchased on January 1, 2016 for $275,000. It had an estimated useful life of 5 years and a $25,000 residual value. Dartin Corp. has been using the straight-line method of depreciation and has a year-end of December 31^st. Give any journal entry(ies) required at the time of disposal. (Round to the nearest dollar).