On March 31, 2016, Perena Co. purchased equipment for $15,000 cash. Additional charges included freight charges $400; sales taxes $600; oil and lubricants to be used for the current period $200; and installation charges $1,000. The company decided to depreciate the equipment using the straight-line method, with an expected useful life of 10 years and salvage value $5,000. On June 30, 2019, the equipment was sold for $10,500 cash. The end of accounting period is December 31, each year.

Prepare the journal entry to record the disposal of the equipment on June 30, 2019.