In a recent 10-K report, National Package Service states it 'lis the world's largest package delivery company, a leader in the U.S. less-than-truckload managoment solutions.The following note and data were reported: Industry, and the promler provider of golobal supply chain Note 1-Summary of Accounting Policles Impairment of Long-Lived Assets we review long-lived assets for impairment when diroumstances indicate the carrying amount of an asset may not be recoverable based on the undiscounted future cash fows of the asset Cost of property and equipment (beginning of year) Cost of property and equipment (end of year) Capital expenditures during the year Accumulated depreciation (beginning of year) Accurmulated depreciation (end of year) Depreciation expense during the year Cost of property and equipment sold during the year Accumulated depreciation on property sold Cash received on property sod 40,931 42,820 2.878 21,690 22,859 ,973 940 804 113 Required: 1. Reconstruct the jounal entry for the diaposal of property and equipment during the year. (f no entry is required for a transaction/event, select "No journal entry required" In the first account fheld. Entr your answers in milions (Le., 10,000,000 should be entered as 101) View transaction list Journal entry worksheet Record the disposal of property and equipment during the year Note: Enter debits betere credits Debit Credit MacBook Air