The company uses straight-line depreciation for equipment. The equipment is estimated to have a 10 -year u no salvage value. Oct 1 Sold equipment that cost EUR 75,000 when purchased on January 1, 2016. The equipment was sold for EUR 45,000. a) Journalize those transactions! (4 points) b) Explain the possible impacts on the firm's Statement of Cash Flows! ( 3 points) c) Explain the possible impacts on the firm's Financial Statement Ratio Analysis! (3 points)