Exercise 9-08 On July 1, 2019, Sunland Company purchased w e nt for $80,000. its estimated us useful We was 10 years, with a revised salvage value of $5,000. e was a year with a $20,000 vage value. On December 31, 2002, the company estimated that the equipment's remang countries are indeve wh o is entered. De or inden m a lly. If no entry is requires select Montry" Prepare the journal entry to record depreciation on December 31, 2019. (Cred for the accounts and enter for the amounts) Account Titles and Explanation C Prepare the journey to record depreciation on December 31, 2020 (C The andere accoulisan ented where amount is entered the model maway. I ne entry is required select a try Accounts and Explanation Compute the revised a deprinden on December 31, 2022 Revised annus deprecation indeed w o unt is entered. Do not indlevat many If no entry Prepare the journal entry to record depreciation on December 31, 2022. (Cred account titles are automaty for the account les and enter for the amounts.) A sunt Titles and Explanation Compute the bacen Accumulated Deprecation-Equipment for this quente deprecation expense been recorded on December 31, 2022 Accumulated Depreconquipment Click if you would be to show Work for this questions Open Show Work ar