On January 1, 2022, Aggarwal Corporation purchased in cash a Call Center with the following components: 3 4 Components Cost Residual Value Useful Life Depreciation Method 5 Call Center Equipment $1,232,000 $92,000 6 Building $944,000 $74,000 7 Computer $142,500 $12,000 B 9 Straight Line Double-Declining Balance During 2022, Aggarwal made 150,000 calls using its call center equipment. The call center has a useful life 1 million calls 30 years Activity Method 5 years of 30 years. 10 11 Required: Prepare the journal entries required on January 1, 2022, and December 31, 2022, if Aggarwal prepares 12 financial statements in accordance with IFRS. 13 14 Please use the template below to prepare your journal entries. (omit any explanations) 15 Date Account Titles Debit Credit 16 17 18 19 20 21 22 25 Date Account Titles Debit Credit