Metlock Assets Inc., a publicly listed company, has a building with an initial cost of $378,000. At December 31,2023 , the date of revaluation, accumulated depreciation amounted to $102,000. The fair value of the building, by comparing it with transactions involving similar assets, is assessed to be $303,600. On January 5, 2024, Metlock sold the building for $298,600 cash. (a) Prepare the journal entry to record the sale of the building after having used the cost model. (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.)