Equipment was acquired on January 1, 2019 at a cost of $197.000. The equipment was originally estimated to have a salvage value of $12,000 and an estimated life of 10 years. Depreciation has been recorded through December 31, 2021 using the straight-line method. On January 1, 2022, the estimated salvage value was revised to $21,000 and the useful life was revised to a total of 8 years. Prepare the journal entry to record depreciation expense for 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Depreciation expense for 2022 $ Adjusting journal entry at 12/31/22: Debit Credit Date Account Titles and Explanation Dec. 31