Gains and Losses from sale of Fixed Assets On December 31, 2021 Green Acres Farm, Inc. has an old tractor it is offering to sell. The historical cost is $360,000, accumulated depreciation is $235,000, depreciation expense has been recorded for the year. The estimated fair market value of the tractor is $140,000. Eustace Haney, owner of Haney Farms, buys the tractor from Oliver Douglas, owner of Green Acres Farm, for $138,000. 1) Make the journal entry on the books for Green Acres Farm, Inc. If no entry is needed, you must state this. 2) Make the journal entry on the books for Haney Farms, Inc. If no entry is needed, you must state this