Machinery purchased for $69,600 by Tamarisk Ca. in 2016 was originally estimated to have a Le of 8 years with asavage value of 54,640 at the end of that time. Depreciation has been entered for 5 years on this bask in 2021 , it is determined that the total estimated life should be 10 years with a salvage value of 55,220 at the end of that time. Assume straight-line degreciation. (a) Your answer is partial y correct. Prepare the entry to correct the prior years' depreciation, if necessary. (ff no entry is required, select "Wo entry for the account tiles and enter O for the anounts. Credit occount titles are automstically indented when omount h entered. Do not indent manually) eTextbook and Media Solution List of Accounts Attempta: 3 of 3 used (b) Prepare the entry to record deprecistion for 2021. OW no entry is required, select "Wo entry" for the occount titler and enter Of for the amounts. Crealt occount titles are outomaticolly indented when amount is entered. Do not indent manually. Use Machinery related occount.)