Question 3 --/1 View Policies Current Attempt in Progress Cullumber Company has delivery equipment that cost $53,100 and has been depreciated $23,800. Prepare a tabular summary to record the disposal under the following assumptions. It was scrapped as having no value. (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.) Assets = Liabilities + Stockholders' Equity Retained Earnings Revenue Expense Cash Equipment - Accum. Depr.- Equip. = Common Stock Dividend Bal. $ $ 6 eTextbook and Media It was sold for $36,100. (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.) Assets = Liabilities + Stockholders' Equity Retained Earnings Revenue Expense Cash + Equipment - Accum. Depr.- Equip. = + Common Stock Dividend Bal. $ A e Textbook and Media It was sold for $19.800. (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.) Assets = Liabilities + Stockholders' Equity Retained Earnings Revenue - Expense Cash Equipment - Accum. Depr. - Equip. = + Common Stock + - Dividend Bal. $ e Textbook and Media