Please give calculations also. Thank You

1. Big Co. purchased an asset for $97890 on 1/1/20 The asset had an expected life of 11 years, and an expected salvage value of $11540 On 12/31/23 the asset was sold to Little for $44307 Required: 1. What was the book value of the asset when it was sold to Little? 2. What was the gain or loss on the sale of the asset? 3. Provide the 2023 consolidation entry arising from the sale of this asset. 97890 11 Initial cost Useful life salvage value Sold to Little for 11540 44307