Take me to the text On December 31, 2012 ABC Company purchased equipment worth $150,000. The equipment has a useful life of six years and no residual value. Depreciation is recorded beginning the month after acquisition and will be recorded up until the month of disposal. The company uses the straight-line method of depreciation. Required a) Given that the company's year end is December 31, complete the following table. Do not enter dollar signs or commas in the input boxes. Round all dollar figure answers to the nearest whole number. Year Cost of Long-Term Asset Depreciation Expense Accumulated Depreciation Net Book Value 2013 $150,000 $ $ 2014 $150,000 $ $ 2015 $150,000 $ $ $ 2016 $150,000 $ $ $ 2017 $150,000 $ $ 2018 $150,000 $ $ b) On June 30, 2018, ABC Company sold the equipment for $4,000 Prepare the journal entry to record the depreciatio on the disposal and the sale. You will need to recalculate the depreciation expense for 2018 from part a) to account fo the sale part-way through the year. Enter all debit accounts in alphabetical order. Date Account Title and Explanation Debit Credit Jun 30 To update depreciation before disposal Jun 30 . 1 To record the sale of equipment