Can someone please help with this question? If so, can you show exactly how to do it, not just the answer. Thank you!

More Info Dec. 31: Record depreciation on the communication equipment Communication equipment is depreciated by the straight-line method over a five-year life with zero residual value. Date Accounts and Explanation Debit Credit Dec. 31 Depreciation ExpenseCommunication Equipment Accumulated DepreciationCommunication Equipment 13,875 13,875 To record depreciation on communication equipment. Dec. 31: Record depreciation on the office equipment Office equipment is depreciated using the double-declining-balance method over five years with a $5,000 residual value. Date Accounts and Explanation Debit Credit Dec. 31 Depreciation Expense-Office Equipment Accumulated DepreciationOffice Equipment 46,000 Jan. 1 Purchased office equipment, $115,000. Paid $77,000 cash and financed the remainder with a note payable. Apr. 1 Acquired land and communication equipment in a lump-sum purchase. Total cost was $370,000 paid in cash. An independent appraisal valued the land at $291,375 and the communication equipment at $97,125. Sep. 1 Sold a building that cost $555,000 (accumulated depreciation of $255,000 through December 31 of the preceding year). Guilda Bell Associates received $380,000 cash from the sale of the building. Depreciation is computed on a straight-line basis. The building has a 40-year useful life and a residual value of $75,000 Dec. 31 Recorded depreciation as follows: Communication equipment is depreciated by the straight-line method over a five-year life with zero residual value. Office equipment is depreciated using the double-declining-balance method over five years with a $5,000 residual value. 46,000 To record depreciation on office equipment Print Done