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Disposal of Fixed Asset Perfect Auto Rentals sold one of its cars on January 1. Perfect had acquired the car 2 years earlier for $13,500. At acquisition, Perfect assumed that the car would have an estimated Ife of 3 years and a residual value of $3,000. Assume that Perfect had property used the straight-line depreciation method in previous years. Required: Prepare the journal entry to record the sale of the car assuming the car sold for (s) $6,500 cash, (b) $4,000 cash, and (C) $7,200 cash. The company recorded the car as equipment. If an amount box does not require an entry, leave it blank. > > > > > > > HII IIII III III. III110