Disposal of fixed asset

Equipment acquired on January $6$ at a cost of $$318,800$ has an estimated useful life of $7$ years and an estimated residual value of $$41,600.$

a$.$ What was the annual amount of depreciation for Years $1-3$ using the straight$-$line method of depreciation?

b$.$ What was the book value of the equipment on January $1$ of Year $4?$

c$.$ Assuming that the equipment was sold on January $3$ of Year $4$ for $$190,000,$ journalize the entry to record the sale. If an amount box does not require an entry, leave it blank.

January $3$

January $3$

$.$