California Utilities owns a power plant that consists of the following assets, all acquired on January $1.$

Required

a$.$ Compute the total straight$-$line depreciation for the first year on all items combined.

b$.$ Compute the composite depreciation rate $($based on cost$)$ and the composite life.

c$.$ Provide the entry to record composite depreciation for the first year.

d$.$ Assume that all of the Other equipment was sold three years later for $$15,600$ cash. Prepare the entry for the sale of

that equipment.

Note: Round answers to the nearest whole dollar.

a$.$

b$.$

c$.$

d$.$