Required information The following information applies to the questions displayed below) Abbott Landscaping purchased a tractor at a cost of $37,000 and sold it three years later for $18,800. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $2,500 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.) Answer is not complete. Transaction Debit Credit 1 1 18,800 General Journal Cash Accumulated Depreciation Equipment Gain OOO 37.000