On January 1 , Tamarisks Inc. sold used equipment with a cost of $17,400 and a carrying amount of $2,300 to Flint Corp. in exchange for a $5,800, three-year non-interest-bearing note receivable. Although no interest was specified, the market rate for a loan of that risk would be 8% and assume that Tamarisks follows ASPE. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. (a) Prepare the entry to record the sale of Tamarisks' equipment and receipt of the note. (Round answers to 0 decimal places, e.g. 125. 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. For calculation purposes, use 5 decimal places as displayed in the factor table provided.)