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 4,900 units. On November 30, 2019, the machine was sold for $19,000 and had produced 5,700 units that year. (a) Your answer is partially correct. Try again. 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. 43% and round depreciation per unit in the units-of-production depreciation method to 2 decimal places, e.g. 2.25 and final answers to o decimal places, e.g. 5,275.) (1) Straight-line Debit Credit Date Account Titles and Explanation 2018 Mar. Equipment cal Dec. 31 Accumulated Depreciation - Equipment Cash 20600 2019 Nov. 30 Accumulated Depreciation - Equipment T 2 06001T I Cash 20600 (To record depreciation expense) Nov. 20 Accumulated Depreciation - Equipment T Cash 19000 Sales Discounts Cash 11800 (To record the sale of machine) (2) Double-diminishing-balance Date Account Titles and Explanation 2018 Debit Credit Mar. 1 Accumulated Depreciation - Equipment 72000 cashi Dec. 31 Accumulated Depreciation - Equipment 2019 Nov. 30 Accumulated Depreciation - Equipment (To record depreciation expense) Nov. 30 TAccumulated Depreciation - Equipment (To record the sale of machine) (3) Units-of-Production Date Account Titles and Explanation 2019 Debit Credit i Dec 31 2019 Nov. 30 (To record depreciation expense) Nov. 30 T (To record the sale of machine)