0 Required information [The following information applies to the questions displayed below] As part of a major renovation at the beginning of the year, Atlase Pharmaceuticals, Incorporated, sold shelving units (recorded as Equipment) that were 10 years old for $1,400 cash. The shelves originally cost $8.800 and had been depreciated on a straight-line basis over an estimated useful life of 10 years with an estimated residual value of $800, 2. Prepare the journal entry to record the sale of the shelving units. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field. Do not round intermediate calculations.) Journal entry worksheet