Grouper Corporation owns machinery that cost $$23,600$ when purchased on January $1,2023.$ Depreciation has been recorded at a

rate of $$3,540$ per year, resulting in a balance in accumulated depreciation of $$7,080$ at December $31,2024.$ The machinery is sold on

September $1,2025,$ for $$16,260.$

$($b$)$

Prepare the journal entry to record the disposal. $($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. List all debit entries before

credit entries.$)$

Date

Account Titles and Explanation

Debit

Credit

September

$1,2025$