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manascinent estimated that the equioment wodid hwe a uneful life of 10 years and a residal vidur of 550000 Widterse une the Mraight fine method

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manascinent estimated that the equioment wodid hwe a uneful life of 10 years and a residal vidur of 550000 Widterse une the Mraight fine method of depreciation and has a December 3t vear end. Wildhorse tetted the equipenent for impairment on December 31,2021 , atter recerting the anuali deprecialicaespese it was instesd af 10 , with a resicual value of $10.000 instead 01$50,000. Calculate the annual depreciation expense 10 the years 2017 to 2021 and the carrying aneunt at Decenber 31.2021. Record the impairment loss. If any. on December 31. 2021. (Credif account titles ore dutamaficafey indentrd when the amount is entered. Do not indent manually. If no entry is required. select "No Entry" for the accatart tities and enter ofor the amounts.? What will appear on Wildhorse's 2021 income statement with regard to this equipment? eTextbook and Media List of Accounts What will appear on Wildhorse's 2021 balance sheet with regard to this equipment? eTextbook and Media List of Accounts Assuming to further impairtsents of recoveries, cakculate the annual depreciation expense for the years 2042 to 2024.R0unit depreciation rate to 2 decimal places, e.5. 15.75 and final answers fo 0 decimal places, es. 5.275.) Assuming no further impairments or recoveries, calculate the arnual depreciation expensefor the years 2022 to 2024 (Hiound depreciation rate to 2 decimal places, es. 15.75 and finat onswers fo 0 decimat placel, e.s. 5,275.) eTextbook and Media

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