QUESTIONS Bob Company owns equipment that cost 110,000 when purchased on January 1, 2014. It has been depreciated using the straight-line method based on estimated residual value of 10,000 and an estimated useful life of 5 years. Required: Complete the journal entry (double entry) below for Koch Company to record the sale of the equipment in these three independent situations in 2017. Also journalise the depreciation for year 2017 (bande) (a) Sold for 56,000 on January 1, 2017. (5 Marks) (b) Sold for 56,000 on April 1, 2017. {7 Marks) (c) Sold for 22,000 on October 1, 2017. 17 Marks) TT T Arial 3 (12pt) Save All A Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro SO