Mill Creek Golf Club purchased equipment on January 1, 2016, for $31,500. Suppose Mill Creek Golf Club sold the equipment for $22,000 on December 31, 2018. Accumulated Depreciation as of December 31, 2018, was $21,000. Journalize the sale of the equipment, assuming straight-line depreciation was used. Journalize the sale of the equipment. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Dec. 31