Problem 9 7A a b (Part Level Submission) Carla Vista Productions Corp. purchased equipment on March 1, 2018, for $72,000. The company estimated the equipment would have a useful life of three years and produce 12,000 units, with a residual value of $10,200. During 2018, the equipment produced 4,000 units. On November 30, 2019, the machine was sold for $19,000 and had produced 5,700 units that year. (a) Record all the necessary entries for the years ended December 31, 2018 and 2019, using the following depreciation methods: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts. Round the depreciation rate in the double diminishing balance method to the nearest whole percent, e.g. 4396 and round depreciation per unit in the units of production depreciation method to 2 decimal places, c.q. 2.25 and final answers to O decimal places, e.q. 5,275.) (1) Straight-line Debit Credit Date Account Titles and Explanation 2018 Mar. 1 Dec 31 2019 Nov. 30 (To record depreciation expense) Nov. 30 (To record the sale of machine) (2) Double-diminishing-balance Debit Credit Date Account Titles and Explanation 2016 Mar. 1 Dec 31 2019 Nov. 30 (To record depreciation expense) Nov. 30 (To record the sale of machine) (3) Units-of-Production Debit Credit Date Account Titles and Explanation 2018 Mar. 1 Dec. 31 (3) Units-of-Production Date Account Titles and Explanation Debit Credit 2018 Mar. 1 Dec. 31 2019 Nov. 30 (To record depreciation expense) Nov. 30 (To record the sale of machine) Attempts: 0 of 3 used