eBook Show Me How Calculator Print Item Disposal of Fixed Asset Equipment acquired on January 6 at a cost of $220,800, has an estimated useful life of 10 years and an estimated residual value of $28,800. a. What was the annual amount of depreciation for the Years 1-3 using the straight-line method of depreciation? Year Depreciation Expense Year 1 Year 2 Year 3 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 $155,000, Journalize the entry to record the sale. If an amount box does not require an entry, leave it blank. d. Assuming that the equipment had been sold on January 3 of Year 4 for $166,500 instead of $155.000, journalize the entry to record the sale. If an Previous Next Check My Work d. Assuming that the equipment had been sold on January 3 of Year 4 for $166,500 instead of $155.000, journalize the entry to record the sale. If an amount box does not require an entry, leave it blank. Check My Work (Previous Next) Save and Ear Submit A g ent for Grading AAAM Barce