Shown below are the T-accounts relating to equipment that was purchased for cash by a company on the first day of the current year. The equipment was depreciated on a straight-line basis with an estimated useful life of 10 years and a salvage value of $170. Part of the equipment was sold on the last day of the current year for cash proceeds. Cash Jan. 1 Dec. 31 520 Jan. 1 Dec. 31 Equipment 1,170 (a) Dec. 31 510 Accumulated Depreciation-Equipment Dec. 31 100 110 Depreciation Expense VI Vietnamese (Vietnam) Vietnamese Number Key-based