Hot Stone Creamery sold ice cream equipment for $$14,800.$ Hot Stone originally purchased the equipment for $$87,000,$ and depreciation through the date of sale totaled $$69,500.$

Record the gain or loss on the sale of the equipment. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journa Entry Required" in the first account field.$)$

Answer is not complete.

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