with clife resimdhe Phant en problem (17 points) 1. 200.000 eriale depeel expense for the year ended December 31, 30167 points) the company while declining Talance method of depreciation. What was the amount of 2 Other than straight-line and declining balance method, what other method do companies use to calculate depreciation expense points 3. Assume instead the company uses the straight-line method of depreciation. On March 31, 2020, the equipment was sold for $32,000 cash. 1) What was the net book value of the equipment at the time of the sale? (3 points) 2) If the appropriate entry was already recorded to update depreciation, what was the journal entry to record the sale of the equipment on March 31, 2020? (4 points) Account Titles Debit Credit with clife resimdhe Phant en problem (17 points) 1. 200.000 eriale depeel expense for the year ended December 31, 30167 points) the company while declining Talance method of depreciation. What was the amount of 2 Other than straight-line and declining balance method, what other method do companies use to calculate depreciation expense points 3. Assume instead the company uses the straight-line method of depreciation. On March 31, 2020, the equipment was sold for $32,000 cash. 1) What was the net book value of the equipment at the time of the sale? (3 points) 2) If the appropriate entry was already recorded to update depreciation, what was the journal entry to record the sale of the equipment on March 31, 2020? (4 points) Account Titles Debit Credit