Equipment acquired on January 5 at a cost of $176,995, has an estimated useful life of 20 years, has an estimated residual value of $8,150, and is depreciated by the straight-line method.

A. What was the book value of the equipment at December 31 the end of the fourth year?

Assuming that the equipment was sold on April 1 of the fifth year for $135,775.

Journalize the entry to record depreciation for the three months until the sale date. Round your answer to the nearest whole dollar if required.