how do you recieve the ending balance and sale of asset total for accumulated depreciation. I have the answer correct but i need further explanation please!

The following information is from Ellerby Company's comparative balance sheets At December 31 Furniture Accumulated depreciation-Furniture Current Year Prior Year $ 154,500 (96,200) $214,500 (118,200) A The current year income statement reports depreciation expense on furniture of $25,500. During the year, furniture costing $60,000 was sold for its book value on December 31, Current Year. Complete the general ledger accounts to calculate cash received from the sale of furniture. Answer is complete and correct. Furniture Beginning balance 214,500 Sale of assets 60,000 Ending Balance 154,500 Accumulated Depreciation Beginning balance 118,200 Current year depreciation 25.500 Sale of assets 47,500 Ending Balance 96,200 Cost 60,000 Accumulated depreciation 47,500 Book value (Cash received) 12,500