Due Mon 11/18/20 Grey's Inc. decided to dispose of a piece of equipment and upgrade to a new model. They had purchased the old evaporator on January 1, 2012 for $13,700. There was no salvage/residual value and the useful life Grey's used was 6 years. Grey's depreciated the machinery using the Straight Line method. Grey's sold the equipment on June 30, 2016 to Tavon for $1550. a) Calculate the Book Value at time of sale.(Do not round the depreciation per year.) b) Calculate Grey's gain or loss on this sale? Enter a loss as a negative value. Journalize this sale on Grey's books on June 30, 2016. Description Date June 30 Debit Credit Get hele