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Question 2 Martinez Company has an old factory machine that cost $66,000. The machine has accumulated depreclation of $36,960. Martnez has dedded to sell he

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Question 2 Martinez Company has an old factory machine that cost $66,000. The machine has accumulated depreclation of $36,960. Martnez has dedded to sell he machine (a) Prepare a tabular summary to record the sale of the machine for $33,000 cash. (b) Prepare a tabular summary to record the sale of the machine for $19,800 cash. (If a transaction causes a decrease In Assets, Liabilities or Stockholders Equity, place a negative sign (or parentheses) PRINTER VERSON 1 BACK particular Asset, Liability or Equity Item that was reduced.) of the amount entered for the Assets Liabilities + Stockholders' Equity Cash Equipment Accum. Depr.-Equip. + Common Stock +Revenue- Bal. 66000 36960 3000 Assets Equity HUNAULAAUARetained Earnings Cash+Equipment -Accum. Depr. - Equip. Common Stock RevenueExpense-Dividend Bal. Click if you would like to Show Work for this question: Open Show wack

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