balance sheet and income statement is shown for Cruz, Inc. 5 85, 980 $ 21,689 36,980 4,900 Prepaid expenses Total current assets 284, 900157,308 98,900110, 5e Accus. depreciation-furniture Total essets Liabilities and Equity $ 13,500 S 19,300 413ea ages payabie Income texes payable Total current liabilities Notes peyable (long-term) Total liabilties Equity Connon stock, $5 par value Retalned earnings Total liabilities and equlty Cost of goods sold Depreciation expense Incone before taxs fiet Incone QS 16-12 QS 16-12 Computing cash from asset sales LO P3 Furniture costing $75,600 is sold at its book value in 2017 Acquisitions of furniture total $64,000 cash, on which no depreciation is necessary because it is acquired at year-end. What is the cash inflow related to the sale of furniture? O Answer is complete but not entirely correct. End ba 8300 34.20012017 15.300 8,300 2017 ofastets 0272000 End ba 15,300 5,600 27 200 Cost