Giant Eagle Corporation purchased equipment on 1/1/2021 that has the following details: 1) Show the annual depreciation assuming Giant Eagle uses the straight line method of depreciation: 2) Show the adjusting journal entry for the first year of depreciation using the method in #1 above: 3) Show the net book value of the equipment at the end of year 2 as it would appear on the balance sheet under the above assumptions: 4) Giant Eagle bought the following assets as a lump sum purchase on 02/15/2021 for $750,000. What journal entry would they make to record the purchse if they paid cash