Ivanhoe uses the diminishing-balance method at one times the straight-line depreciation rate. Ivanhoe Limited purchased delivery equipment on March 1, 2019, for $141,250 cash. At that time, the equipment was estimated to have a useful life of five years and a residual value of $10,710. The equipment was disposed of on November 30,2021 . Ivanhoe uses the diminishing-balance method at one times the straight-line depreciation rate, has an August 31 year end, and makes adjusting entries annually. (a) Record the acquisition of equipment on March 1, 2019. (List all debit entries before credit entries. Credit account titles are. outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts.) Recoed denreciation at Augant 31,2019,2020, and 2021 . Wht all debit entries befone credit entries Credit account titles are outomatically indented when the omountis enternd. Do not indent manualix If no entry is repulred, select "No Entry" for the account bites. and enter ofor the amounts. Found answers to 0 decimal ploces es. 5,275 )