Brief Exercise 7-8 Crane Company sells office equipment on July 31, 2017 for $23,130 cash. The othea ogument originally cost $81 640 and as of January 1, 2017, had accumulated depreciation of $35.870 Depreciation for the first 7 months of 2017 is $4.010. Prepare a tabular summary to (a) wodate depreciation to y 31 2017, and (b) or the oth e r transaction s decrease Asses s or Stockholders Equity, place a negative signor parentheses) in front of the amount entered for the particular Asset Layor Equity that was reduced) Stockholders' Equity Retained Earnings Cash - Equipment Common Stech Revenge Liabilities