2018 Spring AC103NL01.- Show Me HowCaloulator Disposal of Fixed Asset Equipment acquired on January 6 at a cost of $223,600, has an estimated useful ife of 9 years and an estimated residual value of $29,200. a. What was the annual amount of depreciation for the Years 1-3 using the straight-line method of depreciation? ear 1 Year 2 Year 3 b. What was the book value of the equipment on January 1 of Year 4? c. Assuming that the equipment was sold on January 3 of Year 4 for $150,900, yournalize the entry to record the sale. If an amount bex does not require an entry, leave it blank had been sold on January 3 of Year 4 for $162,000 instead of $150,900, journalize the entry to record the sale. 1 d. Assuming thet the equipment an amount box does not require an entry, leave it blank. Previous Next All work saved MacBook 5 6 8 9 0