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please make it legible for me to understand it. QS 16-8 Computing cash from asset sales LO P3 The following information is from Ellerby Company's

please make it legible for me to understand it. image text in transcribed
QS 16-8 Computing cash from asset sales LO P3 The following information is from Ellerby Company's comparative balance sheets. At December 31 Furniture Accumulated depreciation-Purniture Current Year $132,000 (80, 700) Prior Year $ 104,500 (110,700) The current-year income statement reports depreciation expense on furniture of $18,000. During the year, furniture costing $52,500 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 Furniture Beg bal End. bal Accumulated Depreciation Beg bal End bal. Cost Accumulated depreciation Book value (Cash received)

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