On January 1, 2008, Dasher Corporation paid $38,000 for equipment having a useful life of ten years and an estimated salvage value of $2,000. Dasher records depreciation using the straight-line method. At the end of the ninth year, Dasher sold the equipment for $8,000. 1. What is the balance in Accumulated depreciation on the date of sale? 2. Prepare the journal entry to record this sale