Equlpment acquired on January 8 at a cost of $162,830 has an estimated useful life of 19 vears, has an estimated residual vatue of 57,600 , and is depreciated by the straight-4ine method. a. What was the book value of the equipment at December 31 the end of the fourth year? b. Assuming that the equ pment was sold on April 1 of the fith year for $121,512 1. Journalize the entry to record depreciation for the 3 months until the sale date. If an amount bok does not require an entrif lesve 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