I did all my other parts and cant figure out this entire Part 3. Please fill out the entire Part 3 as I dont understand it thanks!

Part 3: PP&E Transactions 8) Lyra Inc. buys equipment on October 1.2017 for $150,000 cash. They estimate the equipment will have a salvage value of $25,000 and a useful life of 10 years. a. Write the journal entry to record depreciation for 2017. 12/31/17 b._Record the journal entry to record depreciation expense for the second year 12/31/18 c. What is the book value of this equipment on the December 31, 2018 Balance 9) Puppis Industries purchased equipment on July 1, 2017 for $140,000. The equipment is estimated to have a $15,000 salvage value at the end of its 5-year life. The company uses straight-line method of depreciation. What is the balance in accumulated depreciation at 12/31/20