The following selected information is from Ellerby Company's comparative balance sheets. 2016 At December 31 Furniture Accumulated depreciation-Furniture 2017 $157,500 218,500 (97,200) (119,200) The income statement reports depreciation expense for the year of $26,500. Also, furniture costing $61,000 was sold for its book value on December 31, 2017 Complete the general ledger accounts to calculate the cash received from the sale of furniture. Furniture Beg. bal End. bal Accumulated Depreciation Beg. bal End. bal Cost Accumulated depreciation Book value (Cash received) 0