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ion 1- Requires Respondus LockDown Browser Left:4:16:19 Sadoon Mohyuddin: Attempt 1 uestion 37 (4 points) Bombardier Ltd. which has a December 31 year-end, purchased equipment $140,000 on October 1, 2017 and a building costing $3,200,000 on April 1 equipment has a residual value of $10,000 and an estimated useful life of five expected to produce 25,000 units over its useful life. The building has an estin life of 30 years with a residual value of $200,000. REQUIRED - EQUIPMENT Record the journal entry that the company would make if the equipment December 31, 2018 for $115,000 cash. Assume the company uses the doub balance method of depreciation. Please show all your work. Round all calculati decimal places. D View hint for Question 37 MacBook Air