Equipment Accuried on January 6 at a cost of $459,240, has an estimated useful life of 12 years, has an estimated residual value of $7,150 and is deprecuated by the straight-line method

Required:

a. what was the book value of the equipment at December 31 the end of the fourth year?

b. Assuming that the equipment was sold on April 1 of the fifth yeat for 69,655 journalize the entries to record (1) depreciation for the three months until the sale and (2) the sale of the equipment.

Required: Pincountions Vear 1 decreciation expente Vear 2 decreciation expense Voar 3 depreciation expenee b. What was the bogkinke of the equipment on Jakuary it of 'thar is? Poinks: 4 more Check My Wok uses rerraining account grost each your of the assefs like. Journal