Equipment acquired on January 8 at a cost of $179,950 has an estimated useful life of 19 years, has an estimated realdual value of \$8,900, and is depreciated by the straight-ine method. a. What was the book value of the equipment at December 31 the end of the fourth year? Feedfock rowid uy wark Book volue is the initiaf cost of the fixed asset minus the accumulated depreciation. b. Assume that the equipment was sold on April 1 of the fith year for $134,892. 1. Journalize the entry to record depreciation for the three months until the sale date. If an amount box does not require an entry, leave it blank. Round your answers to the nearest whole dollar if required. 2. Journalize the entry to record the sale of the equipment. If an amount box does not require an entry, leave it blank. Do not round intermediate calculations