On 30 September 2023, the Nobles Company sold old delivery equipment for $9,000. The delivery equipment was purchased on 1 January 2021 for $21,000 and was estimated to have a $3,000 residual value at the end of its 5-year life. Depreciation on the delivery equipment has been recorded through 31 December 2022. The Nobles Company has a financial year end of 31 December and uses the straight-line method of depreciation.
Required: Prepare the journal entries to record the transactions.