Funseth Farms Inc. purchased a tractor in 2018 at a cost of $31,200. The tractor was sold for $3,100 in 2021. Depreciation recorded through the disposal date totaled $27,000. (1) Prepare the journal entry to record the sale. (2) Now assume the tractor was sold for $10,300; 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.)