In 2023, Sandhill Corporation, which follows IFRS, discovered that equipment purchased on January 1, 2021, for $148,000 was expensed in error at that time. The equipment should have been depreciated over five years, with no residual value. The tax rate is 30% Prepare a single journal entry for 2023 to correct the error and record 2023 depreciation. Assume income and capital cost allowane was reported accurately for tax purposes in all years. (List all debit entries before credit entries. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for th account titles and enter 0 for the amounts.)