Show Me How Calculator Print Item Entries for sale of fixed asset Chart of Accounts First Question Journal Instructions acquired on January 8 at a cost of $142,430 has an estimated useful life of 16 years, has an estimated residual value of $7 550, and is depreciated by the straigbt ine method A What was the book value of the equipment at December 31 the end of the fourth year? that the equipment was sold on April 1 of the fith year for $101,572 joumalize the entries to record (1) depreciation for the three months until the sale date and (2) the sale of the equipment Refer to the Chart of Accounts for ex answer to the nearest whole dollar