8 art 1 of 2 11 pints eBook Print References Required information M9-10 (Static) Reporting and Recording the Disposal of a Long-Lived Asset (Straight-Line Depreciation) [LO 9-5] [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 $800 cash. The shelves originally cost $6,400 and had been depreciated on a straight-line basis over an estimated useful life of 10 years with an estimated residual value of $400. M9-10 (Static) Part 1 Required: 1. Complete the table below, indicating the account, amount, and direction of the effect on disposal. Assume that depreciation has been recorded to the date of sale. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign. Do not round intermediate calculations.) Assets Liabilities Stockholders' Equity Check r

Aequired information M9-10 (Stotic) Roporting and Recording the Disposal of a Long-tived Asset (Straight-Line Depreciation) [ [LO 9.5] The following intormetion apolier to the questions obiplayed below? As part of a majer renovation at the begihning of the yes Atiate Pharmaceuticals, incorporated sold shelung unes irecorded as foupment that were 10 yests old for 5800 cesh. The shelives originally cont 56,400 and had been M9-10 (Stotic) Port 1 Bequired: been recorded to the date of sale finter any decreases to Assets, Liabiaties, or Stockholders' Equity with a minus sign. Do not round intermediate caiculations.)