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Your answer is partially correct. Echo Company retires its delivery equipment, which cost $ 4 1 , 0 0 0 . Accumulated depreciation is $

Your answer is partially correct.
Echo Company retires its delivery equipment, which cost $41,000. Accumulated depreciation is $37,200, on the delivery equipment. No salvage value is received. (Credit account titles are automatically indented when 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.)
Account Titles and Explanation
Debit
Credit
Accumulated Depreciation-Equipment
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