Required information (The following information applies to the questions displayed below.) Abbott Landscaping purchased a tractor at a cost of $42.000 and sold it three years later for $21,600. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $3,000 residual value. Tractors are included in the Equipment account 27 2. Assume the tractor was sold for $13,600 instead of $21,600. 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. Journal entry worksheet 1 Record the sale of equipment. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal