On January 1, 2016. Sandhill Corporation acquired equipment costing $85.440. It was estimated at that time that the equipment would have a useful life of eight years and no residual value. The company uses the straight-line method of depreciation for its equipment and its year end is December 31 Calculate the equipment's accumulated depreciation and carrying amount at the beginning of 2018. Equipment's accumulated depreciations Carrying amount eTextbook and Media What is the amount of the gain or loss that would arise when a quarter of the equipment was sold on January 1, 2018, for cash proceeds of S16,5207 from sale of equipments What is the depreciation expense for January 1, 2018, to October 31, 2018, for the remaining equipment? Depreciation expenses eTextbook and Media On November 1, 2018 the company purchased additional equipment for $10,800 that also had a useful life of eight years and no residual value. What is the depreciation for the two months ending December 31, 2018? Total depreciation for 2 months eTextbook and Media On December 31, 2018, the company sold some equipment for a loss of $2.720. After recording the sale the balances in the Equipment account and Accumulated Depreciation account were 563.120 and $17.885, respectively. Based on this information, what were the proceeds received when this equipment was sold! Cash proceeds from sale $