On July 31, 2018, Perfect Landscapes discarded equipment that had a cost of $22,440. Accumulated Depreciation as of December 31, 2017, was $21,000. Assume annual depreciation on the equipment is $1,440. Journalize the partial-year depreciation expense and disposal of the equipment. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Credit Journalize the partial-year depreciation expense. Date Accounts and Explanation Jul. 31 Depreciation Expense-Equipment Accumulated DepreciationEquipment Debit 480 480 To record depreciation on equipment