Required information [The following information applies to the questions displayed below] As part of a major renovation at the beginning of the year, Atiase Pharmaceuticals, Inc. sold shelving units (recorded as Equipment) that were 10 years old for $860 cash. The shelves originally cost $6,640 and had been depreciated on a straight-line basis over an estimated useful life of 10 years with an estimated residual value of $440. 2. Prepare the journal entry to record the sale of the shelving units. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Answer is not complete. Debit Credit General Journal No Transaction 860 Cash