. Swift Current Company, who has a year-end date of February 28, 2022, disposed of equipment on May 1, 2021. The asset had a cost of $75,588, an estimated residual value of $11,300, an estimated useful life of 4 years or 6,800 hours, and accumulated depreciation at the start of the fiscal year of disposal of $56,691. In the year of disposal, the company used the equipment for 244 hours. On disposal, they received proceeds of $54,423. There were no changes to any estimates, and the asset was purchased at the start of the fiscal year two years previously. Answer the following questions about the disposal, calculating all answers to the nearest dollar (unit-of-production, calculate the rate per unit to three decimal places)Calculate the amount of depreciation for the equipment in the final year of disposal (2022) using the Double-Declining Balance method and provide the journal entry