Required a. Use a horizontal statements model to show the effects of these transactions on the elements of the financial statements. The first event is recorded as an example. b. Determine the amount of depreciation expense to be reported on the income statements for Years 1 through 5. c. Determine the book value (cost - accumulated depreciation) Morris will report on the balance sheets at the end of Year 1 through Year 5. d. Determine the amount of the gain or loss Morris will report on the disposal of the equipment on October 1 , Year 6. Complete this question by entering your answers in the tabs below. Determine the amount of depreciation expense to be reported on the income statements for Years 1 through 5 . (Ro answers to nearest dollar amount.) Determine the book value (cost - accumulated depreciation) Morris will report on the balance sheets at the er through Year 5. (Round intermediate calculations and final answers to nearest dollar amount.) Complete this question by entering your amswers in the tabs below. Determine the amount of the gain or loss Morris will report on the disposal of the equipment on intermediate calculations and final answer to nearest dollar amount.)