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: Land Building Equipment Estimated Carrying Recoverable Cost Value Amount $ 420,000 $ 420,000 $ 438,000 2,900,000 1,540,000 920,000 940,000 420,000 317,000 $4,260,000 $2,380,000 $1,675,000 On 31 December 20X3, the net recoverable amount of the group is reliably estimated to be $1,699,000. On 1 April 20X4, the asset group is sold for $1,759,000, 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.) View transaction list Journal entry worksheet 1 2 3 4 Record the entry to write the depreciable assets down to their carrying value in their respective asset accounts. Note: Enter debits before credits. General Journal Debit Credit Date 1 July 20x3 Record entry Clear entry View general journal