Chapter Homework 10 Merry Yacht international is a worldwide operatochranchio and licensor of hotel residential and the properties to $15 billion in net property and equipment. Assume that Mertat replaced us that had been used in the store years. The records of the company reflected the following regarding the sale of the existing tree 10 Furniture $4,110,000 one Required: 1. Prepare the journal entry for the disposal of the fumiture, assuming that was sold for it no entry is required for transaction/event, select "No journal entry required in the first account field. Enter your answers in dollars not in millions) a $510,000 cash b. $1606,000 cash