The following information is from Ellerby Company's comparative balance sheets. At December 31 Furniture Accumulated depreciation-Furniture Current Year $ 157,500 (97,200) Prior Year $ 218,500 (119,200) The current year income statement reports depreciation expense on furniture of $26,500. During the year, furniture costing $61,000 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 Beginning balance 218,500 Sale of assets 61,000 Ending Balance 157,500 Accumulated Depreciation Beginning balance 119,200 Current year depreciation 26,500 Sale of assets Ending Balance Cost Accumulated depreciation Book value (Cash received) $ EA 145,700 0