(a) (b) (a) (b) Bal. Pharoah Company retires its delivery equipment, which cost $43,640. Accumulated depreciation is also $43,640 on this delivery equipment. No salvage value is received. Assume the same information as in part (a), except that accumulated depreciation for the equipment is $37,050 instead of $43,640. Common Stock $ Cash Revenue tA Stockholders' Equity Assets Equipment Retained Earnings Expense LA $ Accum. Depr.- Equip. Dividend = Liabilities + $

Pharoah Company retires its delivery equipment, which cost $43,640. Accumulated depreciation is also $43,640 on this delivery equipment. No salvage value is received. b) Assume the same information as in part (a), except that accumulated depreciation for the equipment is $37.050 instead of $43,640