A car that was purchased on Jan 1, 2010 for $100,000 was sold on June 30, 2014 for $65,000 cash. The beginning balance of accumulated amortization was $40,000. What is the effect of the transaction on the cash flow statement? Create the Depreciation Journal Entry (showing all steps on how you got it) and create an adjusting journal entry to update depreciation expense in 2014 before sale (show steps)