10/1/21 10) date placed in service: cost: $33,000 useful life: 3 yrs sales price $10,000 date sold: 12/31/23 a) What is the depreciation expense for yr 1 using the straight-line method? b) What is the depreciation expense for yr 2 using the straight-line method? c) Calculate any gain or loss when the fixed asset is sold on 12/31/2023. d) What is the balance in the accumulated depreciation account on 12/31/2023? e) Assuming the fixed asset was sold for $5,000 on 12/31/2024, calculate the gain or loss on the sale