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Deprteiation by Two Methods; Sale of Fured Asset requested information regarding the effect of alernative metheds on the amburk of degreciation expense each year. On

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Deprteiation by Two Methods; Sale of Fured Asset requested information regarding the effect of alernative metheds on the amburk of degreciation expense each year. On March 4 of Year 5, the equipment was sold for $123,600. Required: fobowing mecheds: 2. Journalie the entry to record the sale assuming that the manager chose the double-declining-bolance method. If an amount box does not reaure an anter, leave it blanki. 3. Journalise the entry to record the sale in {2} assuming that the equipment was sold for $106,160 instead of $123,690. It an amouns box does not require an entry, leave it blank

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