Using the provided information for Westmart Suppliers, apply accounting principles and processes to:

On 31 March 2019, the owner of Westmart Suppliers sold shelving purchased on 1 July 2016 to Commercial Shop Fittings Ltd for $13,497 cash(including GST). GST is 10%.

Shelving Original cost: $19 000(excluding GST) Accumulated depreciation: 3000 Estimated life: 10 years The estimated residual value: $4000 Depreciation method: Straight-line

a. calculate depreciation and record the disposal of Furniture and Fittings a/c in the general ledger (extract) b. report amounts for the relevant accounts in the Statement of Profit or Loss(extract) for the year ended 30 June 2019