Show Me How Video Sale of an Asset Equipment acquired on January 9, 2043, at a cost of $527,000, has an estimated useful life of 19 years, an estimated residual value of 552.700, and is depreciated by the straight-line method. a. What was the book value of the equipment at the end of the fifth year, December 31, 2017? Round your interim calculation and find answer to the nearest dollar For decreases in accounts or outflows of cash, enter your answers as negative numbers. Round annual depreciation to the nearest dollar and use this amount in your follow-on calculations. If no account or activity is affected, select "No effect" from the dropdown and leave the corresponding number entry box blank 1. Asuming that the equipment was sold on July 1, 2070, for $210,000, mostrate the effects on the accounts and financial statement of deodation for the six months until the sale date: Balance Sheet Assets Liabilities Stockholders Equilts July 1. Statement of Cash Flows Income Statement Luonto Liabilities Stuchholderly July 1. Statement of Cash Flows Income Statement 2. Assuming that the equipment was sold on July 1, 2048, for $210,800, illustrate the effects on the accounts and financial statement of the sale of equipment Balance Sheet Assets Liabilities Stocicholders' Equity July 1. Statement of Cash Flows Income Statement