Fnhres for site of Fixed Ratet a. What was the book value of the equipment at December 31 the end of the fourth year? x 7 thaibur thin Book value is the initial cost of the ficed asset minus the accumulated depreciation. b. Assume taat the equement was ssid on Aprin 1 of the fith year for $136,377, x 2. Journaize the entry to record the sale of the equipment. If an amount box does not require an entry, leave it blank. Do not round intermediata calculations. Cash =