Equipment acquired on January 6 at a cost of $360,550, has an estimated useful life of 12 years and an estimated residual value of $69,910.

A.	What was the annual amount of depreciation for the Years 1-3 using the straight-line method of depreciation?
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 $272,570, journalize the entry to record the sale.
D.	Assuming that the equipment had been sold on January 3 of Year 4 for $303,490 instead of $272,570, journalize the entry to record the sale.