DUULL Show Me How Equipment acquired on January 6 at a cost of $409,900 has an estimated useful life of 9 years and an estimated residual value of $53,500. a. What was the annual amount of depreciation for Years 1-3 using the straight-line method of depreciation? Depreciation Expense Year Year 1 Year 2 Year 3 b. What was the book value of the eduipment on January 1 of Year 4? C. Assuming that the equipment was sold on January 3 of Year 4 for $276,500, Journalize the entry to record the sale. If an amount box does not require an entry, Teave it blank. d. Assuming that the equipment had been sold on January 3 of Year 4 for $295,900 instead of $275,500, Journalize the entry to record the sales an amount he does not require an entry, leave it blank Chad My Work Previous Next Some and Submit Assement for