Cullumber Corporation uses straight-line depreciation, prepares adjusting entries annually, and has a December 31 year end. It purchased equipment on January 1, 2020, for $205,500. The equipment had an estimated useful life of five years and a residual value of $21,010. On December 31, 2021, the company tests for impairment and determines that the equipment's fair value is $106,200. (a) Assuming annual depreciation has already been recorded at December 31, calculate the equipment's carrying amount at December 31, 2021, immediately after recording depreciation for the year. Carrying amount $