Depreciation by Two Methods Sale of Asset New Withographic comentared at a cost of $687,500 on March 1 of Year 1 (beginning of the fiscal year), has an estimated use The manager requested Information regarding the effect of alternative methods on the amount of depreciation expense each year On March of yearsthe was sold for $100,700 of fe years and animated result of $59.100. Required: 1. Determine the annual depreciation expense for each of the estimated five years of use the accumulated depreciation at the end of each year, and the book each year by the following method: Straight line method of the the end of Depreciation Expense Accumulated Depreciation End of Year Book Value End of Year Depreciation Expense Accumulated Depreciation, End of Year Book Value End of Year Depreciation Accumulated Depreciation, End of Year Book Value, End of Year 2. Journalize the entry to record the sale assuming that the er chose the double dedining balance method. If an amount box does not require an entry, leave it blank 3. Journalize the entry to record the sale in (2) assuming that the oquloment was sold for $86,400 instead of $100,700. If an amount bo