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 2. Assume the tractor was sold for $10,900 instead of $17.500. Record the sale. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the sale of equipment. Note: Enter debits before credits Transaction General Journal Debit Credit View transaction list Journal entry worksheet