Cane Company has delivery equipment that cost $52,700 and has been depreciated $23,200. Prepare a tabular summary to record the disposal under the following assumptions. It was scrapped as having no value. (If a transaction causes a decrease in Assets, Llabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset Liability or Equity item that was reduced.) Assets Liabilities + Stockholders' Equity Retained Earnings Cash + Equipment - Accum. Depr.- Equip. = + Common Stock + Revenue Expense Dividend - Bal 5 LINK TO TEXT It was sold for $37,200. (If a transactions are in labies or Stockholly places negative for parte in front of the amount entered for the particular Anset, Liability or Equity item that was reduced) Assets Labines + Stockholders' Equity Retained Earning Revenue Expense Cash Equipment Accum. Depr.- Equip. + Common Stock- Dividend LINK TO TY