Use the information in the tabular summary to derive the missing amounts:

$($a$)$ Purchase of equipment on January $1.$ What was the cash paid?

$($b$)$ Depreciation recorded on December $31.$ What was the depreciation expense?

$($c$)$ Sale of part of the equipment on December $31.$ What was the gain on disposal?

$($If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign $($or parentheses$)$ in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.$)$

$\backslash$table$[[$Assets$,=,$Liabilities,$+,$Stockholders' Equity$],[$Cash$,$Equipment,$*,$Accum. Depr.$-$ Equip.,,Common Stock,$+,$Revenue,Retained Earnings$],[=,+,*,$Expense,,Dividend$]]$

Jan. $1$

$($a$)$ $

$$1,220$

Dec. $31$

$$111$

$($b$)$ $

Dec. $31$

$432$

$-454$

$60$

$($c$)$ $