Concord Company has an old factory machine that cost $56,750. The machine has accumulated depreciation of $31,780. Concord has decided to sell the machine. (a) Prepare a tabular summary to record the sale of the machine for $28,375 cash. (b) Prepare a tabular summary to record the sale of the machine for $17,025 cash. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) (a) Revenue Stockholders' Equity 3405 Retained Earnings Expense i Dividend i i Gain on disposal