Baldwin Company Purchased Equipment for $420,000 and Planned to Use

Baldwin Company purchased equipment for $420,000 and planned to use it when the company expanded one of its product lines.However,six months later,the company changed its plans and sold the equipment to Stick,Inc.for $420,000.Stick signed a note for $420,000 that is due in 60 days.The journal entry prepared by Baldwin Company to record the sale of the equipment would include which of the following?

A) Credit to Note Receivable
B) Debit to Cash
C) Credit to Equipment
D) Debit to Accounts Payable