Exercise 11.11 Machinery purchased for $67.200 by Stellar Co. In 2013 was originally estimated to have a life of years with a salvage value of $4,480 at the end of that time. Depreciation has been entered for 5 years on this basis In 2010, it determined that the total estimated life should be 10 years with a salvage value of $5,040 M the end of that time. Assume straight-ine depreciation Prepare the entry to correct the prior year's depreciation, W necessary. (If no entry is requires, select "We entry for the account thes and enter for the amounts. Credit account tintes are automatically indented when amount is entered. Do not indent manually.) Account Thies and Explanation Det Credit SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Prepare the entry to record depreciation for 2018. (If no entry is required, select "No entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Use Machinery related account.) Account Titles and Explanation Debit Crede Work for this question Open Show Work