Sandhill Corporation uses straight-line depreciation, prepares adjusting entries annually, and has a December 31 year end. It purchased equipment on January 1,2023 , for $186,100. The equipment had an estimated useful life of five years and a residual value of $18,610. On December 31,2024 , the company tests for impairment and determines that the equipment's fair value is $106,200. (a) Assuming annual depreciation has already been recorded at December 31, calculate the equipment's carrying amount at December 31, 2024, immediately after recording depreciation for the year