Finney Company sold a machine for $$15,000.$ The machine originally cost $$35,000$ in $2018$ and $$8,000$ was spent on a major overhaul in $2021($charged to the Equipment account$).$ Accumulated Depreciation on the machine to the date of disposal was $$28,000.$

Prepare the appropriate journal entry to record the disposition of the machine. $($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 $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit

Depletion Expense $$

$$

Accumulated Depreciation$-$Equipment $$

$$

$$

$$

$$