Mill Creek Golf Club purchased equipment on January 1, 2024, for $33, 116. Suppose Mill Creek Golf Club sold the equipment for $24,000 on December 31, 2026 Accumulated Depreciation as of December 31, 2026, was $18,063. Journalize the sale of the equipment, assuming straight-line depreciation was used First, calculate any gain or loss on the disposal of the equipment Market value of assets received Less: Book value of asset disposed of Cost Less: Accumulated Depreciation Gain or (Loss) Now, journalize the sale of the equipment. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Dato Accounts and Explanation Dobit Credit Dec 31