AFN Inc. buys computer equipment from overseas and sells it to customers in North America. Below are the following transactions that occurred for AFN during the year 1) Jan 15: AFN buy $400,000 worth of computer equipment from Acer Corporation on account. 2) Feb. 10: AFN sells some of the equipment to Walmart for $150,000. This portion of the equipment originally cost 585,000. 3) Mar 31: AFN sells an old company vehicle for $27.000 cash which it originally purchased on January 1st 2019 The vehicle originally cost $100,000 with an estimated useful life of 5 years and no salvage value Required (8 marks): a) Record the 4 transactions above using a tabular summary b) For transaction #3 above, what is the minimum amount that the company would have had to sell the vehicle for to eam a gain/revenue on the sale