CRUZ, INC. Comparative Balance Sheets December 31, 2019 2019 2018 Assets Cash $ 85,600 $ 21,300 Accounts receivable, net 36,800 45,200 Inventory 77,100 84,900 Prepaid expenses 4,700 3,900 Total current assets 204,200 155,300 Furniture 94,700 110,500 Accum. depreciation—Furniture (14,700 ) (8,400 ) Total assets $ 284,200 $ 257,400 Liabilities and Equity Accounts payable $ 13,400 $ 19,000 Wages payable 8,000 4,500 Income taxes payable 1,400 2,500 Total current liabilities 22,800 26,000 Notes payable (long-term) 28,900 66,400 Total liabilities 51,700 92,400 Equity Common stock, $5 par value 204,000 162,300 Retained earnings 28,500 2,700 Total liabilities and equity $ 284,200 $ 257,400 CRUZ, INC. Income Statement For Year Ended December 31, 2019 Sales $ 440,700 Cost of goods sold 283,700 Gross profit 157,000 Operating expenses Depreciation expense $ 33,900 Other expenses 80,400 114,300 Income before taxes 42,700 Income taxes expense 15,500 Net income $ 27,200 Furniture costing $64,900 is sold at its book value in 2019. Acquisitions of furniture total $49,100 cash, on which no depreciation is necessary because it is acquired at year-end. Complete the general ledger accounts to calculate cash received from the sale of furniture. Complete the general ledger accounts to calculate cash received from the sale of furniture.