Brief Exercise 22-6 In 2017, Headland Corporation discovered that In 2017, Headland Corporation discovered that equipment purchased on January 1 2015, t $59,000 as expensed at that time. T e should have been depreciated over 5 years, with no sal age value. The effective tax rate is 30% Headland uses straigh line depreciation. Prepare Headland's 2017 journal entry titles are automatically indented when amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation equipment to correct the error. (Credit account Debit Credit SHOW LIST OF ACCOUNTS