The following information is from Ellerby Company's comparative balance sheets. At December 31 Furniture Accumulated depreciation Furniture Current Year $ 159,000 (97,700) Prior Year $ 220,500 (119,700) The current year income statement reports depreciation expense on furniture of $27.000. During the year, furniture costing $61,500 was sold for its book value on December 31, Current Year. Complete the general ledger accounts to calculate cash received from the sale of furniture. Furniture 220,500 61,500 Beg, bal Sale of assets Current year depreciation End, bal 27,000 186.0001 Accumulated Depreciation 119,7001 Beg bal. End, bal 119.7001 Cost Accumulated depreciation Book value (Cash received)