10.10)

A) what was the book value of the equipment at December 31,2016, the end of the year?

B) assuming the equipment was sold on July 1,2017, for $95,860, journalize the entries to record the following.

1) depreciation for the six months until the sale date

2) the sale of the equipment

uipment acquired on January 8, 2013, at a cost of $144,930, has an estimated useful life of 14 years, has an estimated reaidual value of $8,8so, d is depreciated by the straight-line method Required: A. What was the book value of the equipment at December 31, 2016, the end of the year? B. Assuming that the equipment was sold on July 1, 2017, for $95,860, journalize the entries to record (1) depreciation for six months until the sale date, and (2) the sale of the equipment. Refer to the Chart of Accounts for exact wording of