Miller Corp. purchased equipment for $280,000 on July 1, 2020. Miller Corp. intends to use the equipment for 5 years and then sell it for $20,000. The double declining balance method is used to depreciate the equipment. On October 1, 2023, Miller accepted an offer from Shaeffer Company and sold the equipment for $25,000. INSTRUCTIONS A. Prepare a depreciation schedule, indicating how much depreciation should be taken each calendar year Miller intended to use the equipment. B. Prepare a journal entry on the books of Miller Corp. to record depreciation expense for calendar year 2023. Show backup calculation. C. Prepare a journal entry on the books of Miller Corp. to record the sale of its equipment to Shaeffer Company