Knowledge Check 01 On December 29, 2020, Patel Products, Inc., sells a delivery van that cost $20.000. The equipment had accumulated depreciation of $16,000 at December 31, 2019. Annual depreciation on this equipment is $2.000 computed using straight-line depreciation Complete the necessary journal entry to bring the accumulated depreciation up-to-date by selecting the acccount names from the drop- down menus and entering the dollar amounts in the debit or credit columns