Question Help Jerry Willis Company purchased equipment on May 1, 2010 for $100,000. The residual value is $30,000 and the estimated useful life is 10 years. What is the Depreciation Experise for the year ending December 31, 2019, the company uses the double declining - balance method? (Round your final answer to the nearest dollar) OA. 57.000 OB. $20,000 OC. $10,000 OD. $13,333 Question Help Kolonas, Inc., sold equipment for $5,000 cash. The equipment cost $74.100 and had accumulated depreciation through the date of sale of $70,000. At the date of sale, the joumalenty to record the sale will have: O A a Gain on Sale of Equipment for $4,100. OB. a Loss on Sale of Equipment for $4,100. OC a Loss on Sale of Equipment for $900. OD. a Gain on Sale of Equipment for $900. Equipment costing $50,000 with a book value of $18,000 is sold for $25,000. Which journal entry is used to record the sale? O A. debit Cash for $25,000 and credit Equipment for $25,000 OB debit Cash for $18,000, debit Loss on Sale of Equipment for $7,000 and credit Equipment for $25,000 O C. debit Cash for $25,000, debit Accumulated Depreciation - Equipment for $32,000, credit Equipment for $50,000 and credit Gain on Sale of Equipment for $7,000 O D. debit Cash for $18,000, debit Accumulated Depreciation - Equipment for $32,000 and credit Equipment for $50,000