a) Sandhill Limited sold equipment on September 30, 2024. for $43,050 cash. The equipment originally cost $156,520 when purchased on january 1, 2022. It had an estimated residual value of $3600 and a useful life of five years. Depreciation is recorded annually and was last recorded on December 31, 2023, the company's year end. 1. Prepare the journal entry to update using the straight-line method to September 30, 2024. 2.Prepare a journal entry to record the sales of the equipment. b) On may 14,2021, Canadian Pacific Railway Limited completed a 5-for1 stock split. Immediatley before the split, the company's common shares were trading at $487.27 per share. 1. If you owned 100 shares immediatley before the split, how manu shares do you own after the split? 2. What was the most likely price of the shares after the stock split? 3. How would the Canadian Pacific record or report this stock split? c) Ivan Corporation has 106,000 common shares that have been issued. It declares a 6% stock dividend on December 1 to shareholders of record on December 20. The shares are issued on January 10. The share price is $14 on December 1, $13.50 on December 20, and $13.75 on January 10. 1) Prepare the entries on the appropriate dates to record the stock dividend. d) For Sunland Construction, record (1) the receipt of the $204,000 cash and the issue of the note payable on October 1, 2023; (2) the accrual of interest on December 31, 2023; (3) The payment of the note and interest on July 1, 2024.