Recording the Sale of PPE Assets

As part of a renovation of its showroom, O'Keefe Auto Dealership sold furniture and fixtures

that were $8$ years old for $$6,000$ in cash. The assets had been purchased for $$65,000$

and had been depreciated using the straight$-$line method with no residual value and a useful

life of $10$ years.

Prepare the journal entry to record the sale of furniture and fixtures.