Equipment was purchased for $122.419 on January 1, 2018. The equipment's estimated useful life was five years, and its residual value was $7.277. The straight line method of depreciation was used. Calculate the gain or loss on sale if the equipment is sold for 564,012 on December 31, 2019, the end of the accounting period Make sure to round each calculation to the area o r Only input numbers (ne dollar signs or commal. If you calculate a los indicated in front of your answer For example, if I had a loss of 12500, I wouldner 12500 If you have again, simply enter the number without the negative sign