Prepare journal entries to record the following. Metlock, Inc. retires its delivery equipment, which cost $50,000. Accumulated depreciation is also $50,000 on this delivery equipment. No salvage value is received. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Metlock, Inc. retires its delivery equipment, which cost $50,000. Accumulated depreciation is $38,800, on the delivery equipment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit