Drabinski Ltd. decided on 1 July 20X3 to dispose of an asset group consisting of land, a building, and equipment. An active plan of disposal is being carried out, and sale is highly probable within the following year. The assets carrying values and estimated recoverable amounts at 1 July 20X3 are as follows:

	Cost				Carrying Value			Estimated Recoverable Amount
Land		$	495,000		$	495,000		$	528,000
Building			3,650,000			1,690,000			995,000
Equipment			1,090,000			495,000			377,000
		$	5,235,000		$	2,680,000		$	1,900,000

On 31 December 20X3, the net recoverable amount of the group is reliably estimated to be $1,939,000. On 1 April 20X4, the asset group is sold for $1,999,000, net of costs to sell.

Prepare journal entries that are appropriate to record the information above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)