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Funseth Farms Inc. purchased a tractor in 2013 at a cost of $33,600. The tractor was sold for $3,300 in 2016. Depreciation recorded through the

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Funseth Farms Inc. purchased a tractor in 2013 at a cost of $33,600. The tractor was sold for $3,300 in 2016. Depreciation recorded through the disposal date totaled $29,000. Required: 1. Prepare the journal entry to record the sale. (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 Record the sale of tractor. Note: Enter debits before credits Event General Journal Debit Credit 2. Assuming that the tractor was sold for $10,900, prepare the journal entry to record the sale. (If no entry Is required for a transaction/event, select "No Journal entry required" In the first account fleld.) View transaction list Journal entry worksheet Record the sale of tractor. Note: Enter debits before credits. Event General Journal Dobit Credit

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