Thompson Corporation sold equipment for $5400 cash on oct 1, 2020. The equipment cost $73,900 and had accumulated depreciation through Dec 31, 2019 of $62,500. Annual depreciation has been calculated each year using the straight-line method amounting to $10,000 per year. At the date of the sale on Oct 1, 2020 and after depreciation has been recorded on Oct 1, 2020, the journal entry to record the sale will be:

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