Larkspur Corporation owns machinery that cost $28,000 when purchased on July 1, 2017 Depreciation has been recorded at a rate of 53,360 per year, resulting in a balance in accumulated depreciation of $11,760 at December 31, 2020. The machinery is sold on September 1, 2021, for $14,700. Prepare journal entries to (a} update depreciation for 2021 and (b) record the sale. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) No. Account Titles and Explanation Debit Credit (a) (6)