Savory Enterprises reported the following information regarding the company's fixed assets in the footnotes to the company's 2011 financial statements:

a. Assume that Savory Enterprises sells all of its office furniture for $235,000 in cash on January 1, 2012. Prepare the entry to record the sale.b. Assume that Savory Enterprises sells all of its office furniture for $185,000 in cash on January 1, 2012. Prepare the entry to record the sale.

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Office furniture Less: Accumulated depreciation S500,000 200,000