On January 1, 2020, Sustco Ltd. purchased a piece of equipment for $18,000, At the time management determined that the equipment would have a residual value of $3,000 at the end of its five-year life. Sustco has a December 31 year end and uses the double-diminishing-balance method. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Jan. 1, Equipment 2020 18,000 Debit Credit Cash 18,000 Dec. 31, 2020 Depreciation Expense 6,00d Accumulated Depreciation Equipment 6,000 Dec. 31, 2021 Depreciation Expense 4,000 4.000 Dec. 31, 2022 Accumulated Depreciation Equipment Depreciation Experte Accumulated Depreciation Equipment 2666.67 2666,67 e Textbook and Media List of Accounts