Prepare journal entries to record these transactions. $($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.$)$

$($a$)$ Sandhill Co$.$ retires its delivery equipment, which cost $$50,720.$ Accumulated depreciation is also $$50,720$ on this delivery $.$equipment. No salvage value is received.

$($b$)$ Assume the same information as in part $($a$),$ except that accumulated depreciation for the equipment is $$36,630$ instead of $50,720.$

No$.$ Account Titles and Explanation

D$$bit

Credit

$($a$)$

$$

$$

$$

$($b$)$

$$

$$

$$

$$

$$

$$

$$

$$