A partial statement of fnancial position of Wildhorse tud on Decemter 31, 2022. showed the following property, plart. and equipment assets accounted for under the cost medel (acramiated dewrekiation inchades denreriation for 2022). Wildhorse uses straght-line depreciation for its buildine fremaining useful life of 20 years, no residuat valuet and for its equiprart (remaining useful ife of 8 years, no residual value). Wildhorse applies iFR5 and has decifed to adopt the revaliatian modet for iti builifing and equipment, effective December 31,2022 . On this date an independent aporalser assessed the fair value of the tuilifine to be $150,000 and that of the equipment to be $109.000. (a) (To elimirube the acnmilated desreciation) (To ad)ut the Bulding acoount to fair value) Fepiprint (To eliminate the acrumilated deprectition) Prepare the entries to record deireciation copense for the year Ended December 31 202a keredf account fidet abe aufonatically the amgants (int oll debit entries before ondit entries) List of Accounts Assintance Attempts 2 of 5 used (c1) The parts of this question must be completed in order. This part wilt be available when you complefe the part abore (c2) The parts of this question must be completed in order. This part will be avaliable when you conplete the part above