At the end of its first year, the trial balance of Shah Company shows Equipment \(\$ 25,000\) and zero balances in Accumulated Depreciation-Equipment and Depreciation Expense. Depreciation for the year is estimated to be \(\$ 3,000\). Prepare the adjusting entry for depreciation at December 31, post the adjustments to \(\mathrm{T}\) accounts, and indicate the balance sheet presentation of the equipment at December 31 .