The first picture shows the required information for the questions, the rest of the pictures shows the other questions and their options, thank you!

The options are for the long boxes

The options are for the long boxes

Property and equipment data Smith Corporation reported the amounts shown related to property and equipment (all in millions). Read the requirements. Requirement 1. T-accounts for Property and Equipment and Accumulated Depreciation have been opened for you. Enter information as presented, and solve for the unknown in each account. a zero.) a zero.) =2 12/31/20X2 Balance t 1 , calculate the carrying amount of assets sold during 20X2. What is the difference between the sales price and the carrying amount? e sales price and the carrying amount. (Enter amounts in millions as provided in the problem statement.) Requirement 2. Based on your calculations in requirement 1 , calculate the carrying amount of assets sold during 202. What is the difference between the sales price and the carrying amount? Complete the table below to find the difference between the sales price and the carrying amount. (Enter amounts in millions as provided in the problem statement.) \begin{tabular}{lll} \begin{tabular}{l} Requirement 3. Prepare tl \\ this to the difference you ci \end{tabular} & \begin{tabular}{l} ale of property and equipment during 20X2. Describe the \\ 2. Describe briefly. \end{tabular} \\ \begin{tabular}{l} Begin by preparing the joul \\ journal entries.) \end{tabular} & a gain & property and equipment during 20X2. (Enter amounts in \end{tabular} The difference represents because the sales price is the carrying amount. Requirement 3. Prepare the journal entry for the sale of property an 2. Describe his to the difference you calculated in requirement 2. Describe briefl: Begin by preparing the journal entry for the sale of property and equi equal to ter amounts ournal entries.) greater than less than this to the difference you calculated in requirement 2. Describe briefly. journal entries.) Assets liabilities and shareholders' equity Revenues expenses and net income rrying amount and the sales price. (Enter amounts in millions as provided in the problem statement.) are unaffected, Assets liabilities and shareholders' equity Revenues expenses and net income Find the difference between the cal s price. (Enter amounts in millions as provided in the problem statement.) Carrying amount of assets sold i Sales price of assets sold in 20X are unaffected, Difference decrease, increase, Assets liabilities and shareholders' equity Revenues expenses and net income Find the difference between the carrying amount and the sales price. (Enter al ovided in the problem statement.) Carrying amount of assets sold in 202 is unaffected. Sales price of assets sold in 202 decreases. Difference increases. Assets liabilities and shareholders' equity Revenues expenses and net income Find the difference between the carrying amount and the sales price. (Enter amounts in millions as prc tement.) are unaffected, decrease, increase, Assets liabilities and shareholders' equity Revenues expenses and net income Find the difference between the carrying amount and the sales price. (Enter amounts in millions as provided in the problem state are unaffected, decrease, increase, Assets liabilities and shareholders' equity Revenues expenses and net income Find the difference between the carrying amount and the sales price. (Enter amounts in millions as provided in the problem statement.) is unaffected. decreases. increases. Find the difference between the carrying amount and the sales price. (Enter amounts in millions as provided in the problem statement.) This difference is Requirement 4. F do not select a la the difference found in requirement 2. 'roperty and Equipment, Net. Repeat requirement 1. (Enter amounts in millions as provided in greater than less than the same as Property and Equipment, Net \begin{tabular}{l|ll} \hline & {[} & ] \\ = & {[} & 1 \\ \hline \end{tabular} illions as provided in the problem statement. If an input field is not used in the T-account, leave the input field empty; do not select a label or enter a zero.) Property and Equipment, Net \begin{tabular}{|l|l||l|l|l|} \hline \hline & & & \\ \hline & & & \\ \hline & & & & \\ \hline \hline & & & & \\ \hline \end{tabular}