Required information [The following information applies to the questions displayed below.) Abbott Landscaping purchased a tractor at a cost of $35,000 and sold it three years later for $17.500. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $2,000 residual value. Tractors are included in the Equipment account. Required: 1. Record the sale. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) No Transaction 1 Debit 1 Credit Answer is not complete. General Journal Cash Accumulated Depreciation Equipment Gain 17.500 OOOO 6,600 35,000 2.000