Sandhill Enterprises purchased a patent on Jamuary 1,2018, for $87,800. At the time of purchase, Sandhill estimated that the patent had a useful life of 10 years. Sandhill used the straight-line method to amor tire the patent, and annual impairment tests showed no impairment of the patent's value. On January 1, 2023, Sandhill sold the patent for \$57,948. Prepare the joumaf entry to record the sale of the patent. (ff no entry Is requilred, select "No Entry" for the account tites and enter O for the amounts, Credit ocoumt dides are automatically indented when amount is entered, Do not Indent manually. Ust all debit entries before creait entries)