Required information [The following information applies to the questions displayed below] As part of a major tenovation at the beginning of the year, Atiase Pharmaceuticats, incorporated, sold shelveg units (recorded as Equipment) that were 10 years old for $1,370 eash. The shelves originally cost $8,680 and had been depreciated on a straight line bass ovet an estimated useful ife of 10 yeors with an estimated residual value of $780. Required: 1. Complete the accounting equation below, indicating the account, amount, and the effect of disposal. Assume that depreciation has been recorded to the date of sale. (Enter any decreases to Assets, Liabalities, or Stoekholders' Equity with a minus sign. Do not round intermediate calculations.)