Cullumber Company has delivery equipment that cost $52,700 and has been depreciated $24,800 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, 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.) Liabilities + Stockholders' Equity Assets Retained Earnings Expense Cash + Equipment Accum. Depr. - Equip +Common Stock + Revenue Dividend Bal It was sold for $37,200. (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.) Stockholders' Equity Assets Liabilities + Retained Earnings Expense Cash Equipment - Accum. Depr. -Equip. Dividend +Common Stock+Revenue Bal t was sold for $18,400. (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.) Liabilities Stockholders' Equity Assets Retained Earnings Expense Cash Equipment - Accum. Depr. - Equip. - +Common Stock Revenue Bal. Click if you would like to Show Work for this question: Open Show Work