Record the sale of tractor Required information [The following information applies to the questions displayed below] Faucet Landscaping purchased a tractor at a cost of $28,000 and sold it three years later for $49.900. Faucet Fecorded depreciation using the straight-ine method, a five-year senice life, and a $3,500 recidual value. Fractors are included in the Equipment account. 2. Assume the trector was sold for $9,700 instead of $14,900 : Record the sale. (t) no entry is required for a particular