PLEASE COMPLETE FOR BOTH A AND B

Current Attempt in Progress Pina Company has an old factory machine that cost $68,500. The machine has accumulated depreciation of $38,360. Pina has decided to sell the machine. (a) (b) Prepare a tabular summary to record the sale of the machine for $34,250 cash. Prepare a tabular summary to record the sale of the machine for $20,550 cash. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) (a) (a) Assets Cash + Equipment Accum. Depr. - Equip. Bal. Stockholders' Equity Retained Earnings Expense Common Stock + Revenue $ $ $ $ $ lers' Equity Retained Earnings Expense $ Dividend $