On December 31, Year 4, Alexa Company in preparing adjusting entries for its annual year-end. The following issues confront the company 1. Equipment #101 with a cost of $6.100 was purchased three years earlier on January 1, Year 2. It is being depreciated on a straight-line basis over an estimated useful life of 10 years with no residual value. At December 31, Year 4, it has been determined that the estimated total useful life is 6 years instead of 10. 2. Equipment #502 with a cost of $3,640 was purchased four years earlier on January 1, Year 1. It is being depreciated on a straight-line basis over an estimated useful ate of seven years with no residual value. At December 31, Year 4, it was discovered that no depreciation had been recorded on this equipment for Year 1 or Year 2, but it was recorded for Year 3 3. In Year 4, Alexa decided to change inventory methods from the weighted average method to the FIFO method. Net income reported in Year 3 applying the weighted-average method was $76,000. If FIFO had been applied in Year 3, net income would have been $80,800 a. For equipment #101, provide the required adjusting entry for depreciation expense at December 31, Year 4. Note: Round answers to the nearest whole dollar. Date Account Name Dec 31, Year & Accumulated Depreciation Depreciation Exper Tu cord dea Dr. 2464 Cr 2464 b. For equipment #502, provide the required adjusting entry for depreciation expense at December 31, Year 4 Date Dec. 31, Year Dep Exp Account Name Accumulatet Deiation Janced deren Dr. Cr c. For equipment #502, provide any necessary correcting entry Ignore income taxes G