Yr Beg of year BV Dep1 350,000 350,000 x 1/5 x 1.5 = 105,0002 245,000 245,000 x 1/5 x 1.5 = 73,5003 171,500 171,500 x 1/5 x 1.5 = 51,4504 120,050 120,050 x 1/5 x 1.5 = 36,0155 84,035 = 34,035(a) Yr Year Dep Dep EOY AD1 2007 105,000 4/12 x 105,000 35,0002 2008 73,500 8/12 x 105,500 + 4/12 x 73,500 129,5003 2009 51,450 8/12 x 73,500 + 4/12 x 51,450 195,6504 2010 36,015 8/12 x 51,450 + 4/12 x 36,015 241,9555 2011 34,035 (8/12 x 36,015 + 4/12 x 34,035)/2 259,632.50Rounded to 259,633Cash 70,000Accumulated depreciation 259,633Loss on equipment sale 20,367Equipment 350,000 (b) Yr Dep1 300,000 x 5/15= 100,0002 300,000 x 4/15= 80,0003 300,000 x 3/15= 60,0004 300,000 x 2/15= 40,0005 300,000 x 1/15= 20,000= 300,000Yr Year SUMYD Dep AD EOY1 2007 4/12 x 100,000 33,333.332 2008 8/12 x 100,000 + 4/12 x 80,000 126,666.663 2009 8/12 x 80,000 + 4/12 x 60,000 199,999.994 2010 8/12 x 60,000 + 4/12 x 40,000 253,333.335 2011 8/12 x 40,000 + 4/12 x 20,000 286,667 (rounded)Cash 120,000Accumulated Depreciation 286,667Equipment 350,000Gain on Equipment sale