Mill Creek Golf Club purchased equipment on January 1, 2016, for $31,500. Suppose Mill Creek Golf Club

Question:

Mill Creek Golf Club purchased equipment on January 1, 2016, for $31,500. Suppose Mill Creek Golf Club sold the equipment for $22,000 on December 31, 2018. Accumulated Depreciation as of December 31, 2018, was $21,000. Journalize the sale of the equipment, assuming straight-line depreciation was used.