On December 1,20x1. Acme Corp. purchased equipment for $54,212 with an estimated salvage value of $8,058 at the end of its estimated life of 8 vears. Acme used the equipment for several years and then sold it on April 30, 20x5 for $12,145. On April 30, 20x5. Acme will record a Loss on Sale of Equipment equal to Round to the nearest penny