Sandhill Co, sells office equipment on July 31,2022 , for $22,430 cash. The office equipment originally cost $77,870 and as of January 1,2022, had accumulated depreciation of $36,830. Depreciation for the first 7 months of 2022 is $4,580. Prepare a tabular summary to (a) update depreciation to July 31,2022, and (b) record the sale of the equipment (If a transaction couses a decrease in Assets, Liabilities or Stockholders' Equity, ploce a negotive sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Sandhill Co. sells office equipment on July 31,2022 , for $22,430 cash. The office equipment originally cost $77,870 and as of January 1,2022 , had accumulated depreciation of $36,830. Depreciation for the first 7 months of 2022 is $4,580. Prepare a tabular summary to (a) update depreciation to July 31, 2022, and (b) record the sale of the equipment. (If a transoction couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) o. sells office equipment on July 31,2022 , for $22,430 cash. The office equipment originally cost $77,870 and as of January ad accumulated depreciation of $36,830. Depreciation for the first 7 months of 2022 is $4,580. a tabular summary to (a) update depreciation to July 31,2022 , and (b) record the sale of the equipment. (If a transaction causes in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular ability or Equity item that was reduced.) Attempts: 0 of 3 used singmultiple atternpts will impact your score. bs score reductioniafter attempt 1