On July 1, 2010. you purchased a vehicle costing $23,000 with additional costs of taxes. $1.500 and shipping costs. $500. Based on historical records, you estimate the useful life to be 8 years and the estimated salvage value to be $ 1.500. You depreciate this vehicle using the double-declining balance depreciation method. On January 1.2014. you revise the asset's total estimated useful life from 8 years to 9 years and change the estimated salvage value to $500. Required: Compute the depreciation for each year and 1) prepare the appropriate adjusting journal entry to record the depreciation for years 1. 5. and 9 and 2) show the balance sheet presentation of the vehicle for years 5 and 9. (Round answers to 0 decimal places)