Disposal of an asset. Sellem, Inc. is disposing of office furniture it has had for 2 1/2 years. The cost of the furniture was $10,000, and Sellem estimated the salvage to be $2,000. A four-year life was expected. a. Journalize the sale for $7,500. b. Journalize the sale for $2,300. c. Journalize the disposal if Sellem discarded the furniture