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Sheridan Company has delivery equipment that cost $56,800 and has been depreciated $24,300. Prepare a tabular summary to record the disposal under the following assumptions.

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Sheridan Company has delivery equipment that cost $56,800 and has been depreciated $24,300. Prepare a tabular summary to record the disposal under the following assumptions. It was sold for $36,400. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses and losses require o negative sign or parentheses. - Increases in Accumulated Depreciation require a negative sign or parentheses. - Decreases in Accumulated Depreciation are entered as postive amounts. It was sold for $36,400. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses and losses require a negative sign or parentheses. - Increases in Accumulated Depreciation require a negative sign or parentheses. - Decreases in Accumulated Depreciation are entered as postive amounts

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