Acquisition cost	$132,000
Date of purchase	1-Apr-20
Date put into use	1-May-20
Estimated useful life in years	5
Estimated residual value	$18,000
Date of disposal	1-Jul-24
Proceeds of disposal	$58,000

Question 4 (2 points) How is depreciation recorded at year end? Select all that apply. a) Decrease Depreciation Expense b) Increase Equipment Oc) Decrease Cash d) Decrease Equipment e) Decrease Accumulated Depreciation f) Increase Cash g) Increase Accumulated Depreciation h) Increase Depreciation Expense Question 5 (2 points) What is the accumulated depreciation at the end of 2022? Question 6 (2 points) How much depreciation expense should be recorded in 2024, the year of the disposal? Question 7 (2 points) What is the book value on the disposal date