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Entity D purchased equipment at a cost of $520,000 in January 2022. As of January 1, 2024, depreciation of $104,000 had been recorded an this

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Entity D purchased equipment at a cost of $520,000 in January 2022. As of January 1, 2024, depreciation of $104,000 had been recorded an this equipment Dopreciabion oxpense for 2024 is $52,000. After the adjustments are recorded and posted on December 31.2024 , what are the balancet for the Equipment and Accumulated Depreciation accounts? Equipment Accumulated Denreciation $520.000$364,000$520,000$520,000$52.000$0$88.000$156,000

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