On December 12, 2018, an equity Investment costing $83,000 was sold for $106,000. The investment was carried in the balance sheet at $78,000, and was accounted for under the equity method. An error was made in which the total of the sale proceeds was credited to the investment account Required: 1. & 2. Prepare the following journal entries ignore Income taxes). (If no entry is required for a transaction/event, select "No Journal entry required in the first account field.)