Equipment acquired on 3anuary 8 at a cost of $163,800 has an estimated useful life of 20 years, has an estimated residual value of $9,200, and is fepreciated by the straight-Hine method. 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 year for $125,637. 1. Journalize the entry to recofd depreciaton for the 3 months until the safe date. If an amount box does not require an entry, leave it blank. Round vour answers to the nearest whole dollar if required. 2. Joumalize the entry to record the sale of the equipment. If an amount box does not require an antry, leave it blank. Do not round intermediate calculations