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Equiprnant acquired on January 8 at o cost of 5151,290 hes an estimated usefut life of 19 xhars, has an estimoted residual valun of $9,550,
Equiprnant acquired on January 8 at o cost of 5151,290 hes an estimated usefut life of 19 xhars, has an estimoted residual valun of $9,550, and in depreciated by the stralght-ine mothod. b. Assuming that the equipenent was toid on April I of the fith year for $112,750 : 1. Journalite the entry to recond debrecintion foc the 3 monthe unelu the wain data. If a amount box doce nate require in entry feave it blank Round your answers to the nearest whole dollar if required. 2. Journelize the entry to record the sale of the equipmant. If an ampunt box dopt not mequile an entry, lethe it blenk. Do net reund intermediate caleutations
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