tringle inc recorded the following transactions over the life of a piece of equipment purchased in 2016/

b. Determine the amount of depreciation expense Tringle will report on the income statements for the years 2016 through 2020.
c. Determine the book value (cost – accumulated depreciation) Tringle will r e port on the balance sheets at the end of the years 2016 through 2020.
d. Determine the amount of the gain or loss Tringle will report on the disposal of the equipment on July 1, 2021.
e. Prepare the journal entry for the disposal of the equipment on July 1, 2021.