o Ordine teacher Q Fichas de prendre Act Our + ment/TakeAssigrantain.do?mokerStakeAssignmentSessionLocatora &inprogress=false Pri tem Show Me How Book Sale of Equipment Equipment was acquired at the beginning of the year at a cost of $39,250. The equipment was deprecated using the double-deicing-blanc method based on an estimated useful le of ten years and an estimated residual value of 5760 . What was the depreciation for the first year? b. Assuming the equipment was sold at the end of year 2 for $9,660, determine the gain or loss on the sale of the equipment Joumalize the entry to record the sale. If an amount box does not require an entry, leave it bank 0101 VO