On 31st October 2022, Arbo Ltd purchased new commercial cleaning equipment from a supplier for $30,000 cash. To ship the equipment to its head office, Arbo had to pay mandatory shipping and transit insurance amounting to 5% of the purchase price. Arbo also had to pay $1,200 to calibrate and adjust the equipment to acceptable operating standards. In doing the calibration. Arbo provided $300 of supplies. Arbo also purchased a new three-year liability insurance policy on the equipment and prepaid premiums of $300 for the first year. The new commercial cleaning equipment has a $3,000 residual value and ATO rules state that it must be depreciated using the straight line method over its 5-year useful life. Required: Journalise the depreciation of the new equipment for the financial year ending 30 June 2023. (2 marks) Instructions: Record the journal by selecting the correct accounts and amounts that are debited and credited in the general journal below