Entries for Sale of Fixed Asset Equipment acquired on January 8 at a cost of $202,100 has an estimated useful life of 20 years, has an estimated residual value of $7,500, and is depreciated by the straight-line method. a. What was the tock value of the equipment at December 31 the end of the fourth year? b. Assume that the equipment was sold on April 1 of the ninth year for $155,072 1. Journalize the entry to record depreciation for the three months until the sale date. If an amount bux does not require an entry, leave it back, Round your answers to the nearest whole dollar if required. 2. Journalas the entry to record the sale of the equipment. If an amount box does not require on onory, leave it blank. Do not round intermediate calculations Check My Work Nest CO