Sunland Company sells office equipment on Jily $31,2025,$ for $$23,830$ cash. The office equipment or liginally cost $$79,860$ and as of January $1,2025,$ had accumulated depreciation of $$39,690.$ Depreciation for the first $7$ months of $2025$ is $$4,090$

Prepare the joumal entries to $($a$)$ update depreciation to July $31,2025,$ and $($b$)$ record the sale of the equipment. $($tist all debit entries before credit entries. Credit account titles are autamoticolly indented when amount is entered. Do not indent mumually. If no entry is required, select $"$No Entry" for the account titles and enter Ofor the amounts.$]$

Date

Account Titles and Explanation

Debit

Credit