E 11-23 Change in estimate; useful life and residual value of equipment L0112, 10115 Wardell Company purchased a minicomputer on January 1, 2019, at a cost of $40,000. The computer was depreciated using the straight-line method over an estimated five-year life with an estimated residual value of $4,000. On January 1, 2021, the estimate of useful life was changed to a total of 10 years, and the estimate of residual value was changed to $900. Required: 1. Prepare the year-end journal entry for depreciation in 2021. No depreciation was recorded during the year. 2. Repeat requirement 1 assuming that the company uses the sum-of-the-years'-digits method instead of the straight-line method