Glendale Manufacturing Ltd. owns equipment that was purchased on January 1, 2015, for $100,000. The equipment, which has a 10-year useful life and no residual value, has since been depreciated using the diminishing-balance method at double the straight-line depreciation rate. Glendale has a December 31 year end and prepares adjusting entries annually.

On October 1, 2018, it was determined that the equipment had become obsolete and it was replaced with a more efficient model. The old equipment could not be sold so it was retired and disposed of for no consideration. What journal entries should Glendale record in 2018 regarding the retirement of this equipment?