Freeman Landscaping purchased a tractor at a cost of $26,000 and sold it three years later for $13,900. Freeman recorded depreciation using the straight-line method, a five-year service life, and a $3,500 residual value. Tractors are included in the Equipment account. Exercise 7-17 (Algo) Part 2 2. Assume the tractor was sold for $9,100 instead of $13,900. Record the sale. (If no entry is required for a particular ransaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet