Equipment acquired on January 6 at a cost of $459,240, has an estimated useful life of 19 years and an estimated residual value of $62,805.

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 $379,920, journalize the entry to record the sale. Refer to the Chart of Accounts for exact wording of account titles.
D.	Assuming that the equipment had been sold on January 3 of Year 4 for $410,485 instead of $379,920, journalize the entry to record the sale. Refer to the Chart of Accounts for exact wording of account titles.