Current Attempt in Progress

Prepare tabular summaries to record these transactions. $($a$)$ Sandhill Company retires its delivery equipment, which cost $$49,500.$ Accumulated depreciation is also $$49,500$ on this delivery equipment. No salvage value is received. $($b$)$ Assume the same information as in part $($a$),$ except that accumulated depreciation for the equipment is $$36,510$ instead of $$49,500.$