On July 1, 2019. Carla Vista Co purchased new cuipment for $90,000. Ils estimated uselul life was years with a $10.000 Salvage value. On January 1, 2022. belore making is depreciation entry for 2022, the company exiled thereining useful lile to be 10 years beyond December 31, 2022. The new salvage value is estimate the $5.000. Prepare the journal entry to record depreciation on December 31, 2019. (Credit account titles are automatically indented when amount is entered. Do not indert manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Depreciation Expcnsc Accumulated Depreciation-Equipment 5000 e Textbook and Media Solution Assistance Used List of Accounts Assistance Used Prepare the journal entry Lu record depreciation on December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Account Titles and Explanation Debit Credit Depreciation Expense 20000 Accumulated Depreciation Equipment 10000 Compute the revised annual depreciation on December 31, 2022. Revised annual depreciation Textbook and Media Solution Assistance Used List of Accounts Prepare the journal entry to record depreciation on December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account ticles and enter for the amounts.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Compute the balance in Accumulated Depreciation-Equipment for this equipment after depreciation expense has been recorded on December 31, 2022. Accumulated Depreciation-Equipment $ 31000 eTextbook and Media Solution Assistance Used List of Accounts