Carla Vista uses the diminishing-balance method at one times the straight-line depreciation rate. Carla Vista Limited purchased delivery equipment on March 1, 2019, for $128,750 cash. At that time, the equipment was estimated to have a useful life of five years and a residual value of $10,150. The equipment was disposed of on November 30, 2021. Carla Vista uses the diminishing-balance method at one times the straight-line depreciation rate, has an August 31 year end, and makes adjusting entries annually. (a) Record the acquisition of equipment on March 1, 2019. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 1