xuipment acquired on January 8 at a cost of 5100,710 has an estimated iseful life of 12 years, has an estimated residual value of 59,750 , and 18 deprecieted oy coe raight-hine method. What was the book valse of the equipment at December 31 the end of the fourth year? I creck 4, Wrt Book value is the in tiol cost of the fixed asset minus the aceumulated depreciation. b. Assuming that the equipment was sold on Agril 1 of the fith year for 561,735 . 1. Joumalize the entry to record deprecation for the 3 months untit the saie date. If an amount box does not require an entry, leave it blank. Round your answers to the nearest whole dollar if required. 2. Journalize the entry to record the sale of the equlpenent. If an amount box does not fequire an entry, leave it blank Do not round intermediate calculations