b. Double-dedining-balance method Depreciation Expense Accumulated Depreciation, End of Year Book Value, End of Year Year 1 2 3 4 5 9 sche commis dul is deprecate counteredition to determine toi In the first year, the bintance in the clied deprecation counter, men er not to reduce book value below 2. Jumle the entry to record the swing the theme has the code dedining tac method if an who does not Accumulated Depreciation Equipment 2010 Gain on sale of it - Journalize the entry to record the sale in (2) assuming that the equipment was sold for $86,900 instead of $100,700, If an amount box does not requre an entry, leave it Cash Accumulated Depreciation Equipment 1,085 on Sale of Equipment x Equipment llll 1000 Debo ty Two Methods Sale of newithographic equipment, acquired at a cost of $687,500 on March 1 of Year 1 (beginning of the year), an estimated of five years and an estimated each of 90.100. The manager regunted wormon regarding the effect of wheative methods on the amount of depression expense each On March 4 ot years, the qument was sold for $100,700. Required: 1. Det the depreciation experte for each of the entrated five years of use, the accurated degeration at the end of each year, and the book water of the moment the end of each per ty the following methods S-line method Depreciation Accumulated Depreciation, Book Value Expense End of Year End of Year Year 1 2 3 Depreciation Accumulated Depreciation, End of Year Book Valur End of Year Year