Marriott International is a worldwide operator and franchisor of hotels and related lodging facilities totalling over $2.8 billion in property and equipment. It also develops, operates, and markets time- share properties totalling nearly $2.9 billion. Assume that Marrott replaced furniture that had been used in the business for five years. The records of the company reflected the following regarding the sale of the existing furniture: Furniture (cost) Accumulated depreciation $8,600,000 8.070,000 Required: 1. Prepare the journal entry for the disposal of the furniture, assuming that it was sold for: a. $530,000 cash b. $1,660,000 cash c. $340,000 cash (if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet Record sale of furniture for $530,000 cash. Notes Enter debits before credits Transaction General Journal Deblt Credit 3 Record entry Clear entry View general Journal