On January 1, 2017, Big Rock Brewery purchased a van for \(\$ 45,000\). Big Rock expects the van to have a useful life of five years and a residual value of \(\$ 5,000\). The depreciation method used was straight-line. On December 31, 2020, the van was sold for \(\$ 15,000\) cash.

1. What was the carrying amount of the van on the date of sale?

2. Record the sale of the van on December 31, 2020 .