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Greenscape Landscaping purchased a tractor at a cost of $$30,000$ and sold it $3$ years later for $$16,200.$ Greenscape accounted for depreciation using the straight$-$line method, a $5-$year service life, and a $$4,000$ residual value. Tractors are included in the Equipment account.

$2.$ Assume the tractor was sold for $$10,600$ instead of $$16,200.$ Record the sale.

Note: If no entry is required for a particular transaction or event, select $"$No Journal Entry Required" in the first account field.