Wildhorse Company purchased equipment in $2026$ for $$134,000$ and estimated an $$11,000$ salvage value at the end of the

equipment's $10-$year useful life. At December $31,2027,$ there was $$24,600$ in the Accumulated Depreciation account for this

equipment using the straight$-$line method of depreciation. On March $31,2028,$ the equipment was sold for $$26,400.$

Prepare the appropriate journal entries to remove the equipment from the books of Wildhorse Company on March $31,2028.$

$($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No

Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

No$.$ Account Titles and Explanation

Debit

Credit

$($To record depreciation expense for the first $3$ months of

$($To record sale of equipment$)$