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Wardell Company purchased a mini computer on January 1, 2022, at a cost of $47,650. The computer has been depreciared using the straght line method over an estimated five-yeor useful life with an estimated residual value of $4,900. On January 1.2024 , the estirifte of useful life was changed to o total of 10 years and the estimate of residual value was changed to $870 Required: 1. Prepare the appropriate adjusting entry for depreciation in 2024 to refiect the revised estimate 2. Prepare the oppropriate adjusting entry for cepreciation in 2024 to refiect the revised estimate, assuming that the company uses the sum of the-years dighs method instead of the straighe-ine method Prebace the approprate adjusting entry for depreciation in 2024 to inflect the revised estimate. to nearest whole dollar Journal entry worksheet Record the depreciation. Udell Company purchased a mini computer on January 1,2022, at a cost of $47650. The computer has been depreciated using the aght-line method over on estimated five-year useful life with an estimated residual value of $4.900. On January 1,2024 , the imate of usefur life was changed to a total of 10 years, and the estimate of residual value was changed to $870. quired: 1. Prepare the appropriate adjusting entry for depreciation in 2024 to reflect the revised estimate 2. Prepare the appropriate adjusting entry for depreciation in 2024 to reflect the revised estimate, assuming that the company uses the sum-of the-years'-digits method instead of the straight-line method epare the appropriate adjusting entry for depreciation in 2024 to reflect the revised estimate, assuming that the company uses the In-of the vears'-digits metfiod instead of the straight-line method. te: if no entry is required for a transaction/event, select "No journal entry reouired" in the first account field. Do not round ermedate calculations and round your final answers to nearest whole dollar. Journal entry worksheet Record the depreciation