$2.\backslash ($ A B C $\backslash )$ Company sold office furniture to an employee for $\backslash (\backslash$$ $500\backslash )$ cash. ABC Company originally purchased the office furniture for $\backslash (\backslash$$ $2,000\backslash ).$ At the time of the sale, the office furniture's book value $($i$.$e$.,$ cost less accumulated depreciation$)$ was $\backslash (\backslash$$ $300\backslash ).$ Prepare a journal entry to record the sale of the office furniture to the employee.