Complete the general ledger accounts to calculate cash received from the sale of furniture.

2018 CRUZ, INC. Comparative Balance Sheets December 31, 2019 2019 Assets Cash $ 66,100 Accounts receivable, net 28,500 Inventory 59,700 Prepaid expenses 3,700 Total current assets 158,000 Furniture 74,600 Accum. depreciation-Furniture (11,600) Total assets $221,000 Liabilities and Equity Accounts payable $ 10,400 Wages payable 6,300 Income taxes payable 1,000 Total current liabilities 17,780 Notes payable (long-term) 20,700 Total liabilities 38,400 Equity Common stock, $5 par value 159,500 Retained earnings 23,100 Total liabilities and equity $221,000 $ 16,600 35,200 66,100 3,000 120,900 85,000 (6,400) $199,500 $ 14,700 3,500 1,900 20,100 50,500 70,600 125,000 3,900 $199,500 CRUZ, INC. Income Statement For Year Ended December 31, 2019 Sales $341,600 Cost of goods sold 219,800 Gross profit 121,800 Operating expenses Depreciation expense $ 26,300 Other expenses 62,400 88,700 Income before taxes 33,100 Income taxes expense 12,100 Net income $ 21,000 Furniture costing $58,300 is sold at its book value in 2019. Acquisitions of furniture total $47,900 cash, on which no depreciation is necessary because it is acquired at year-end. Complete the general ledger accounts to calculate cash received from the sale of furniture. Complete the general ledger accounts to calculate cash received from the sale of furniture. Answer this Furniture Beg. bal. End. bal. Accumulated Depreciation Beg. bal. End. bal. Cost Accumulated depreciation Book value (Cash received)