Tamarisk, Inc. has equipment that cost $79,900 and that has been depreciated $50,500 Record the disposal under the following assumptions. (a) It was scrapped as having no value. It was sold for $23,800. (b) It was sold for $32,100. (c) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Credit Debit No. Account Titles and Explanation (a) (b) (c) Question 4 /1 View Policies Current Attempt in Progress During 2019, Metlock, Inc. reported net sales of $2,850,900 and net income of $1.550,000. Its balance sheet reported average total assets of $1.290,000. Calculate the asset turnover. (Round answer to 2 decimal places, eg. 1.25) Asset turnover $ times eTextbook and Media Submit Answer Attempts: 0 of 2 used Save for Later