On July 1, 2022, Sunland Compary purchased new equipment for $92,800. Its estimated useful life was 7 years with a $11,600 salvage value On January 1, 2025, the company estimated that the equipment's remaining useful life was 10 years. with a revised salvage value of $5,600 Prepare the journal entry to record depreciation on December 31, 2022. (List debit entry before credit entry Credit occount tities are cutomatically indentrd when amount is entered. Do not indent manvally. If no entry is roquired, select "No Entry" for the occount titles and enter 0 for the amoints) Prepare the journal entry to record depreciation on December 31. 2023. (Wht debit entry before credit entry Credit account titles are outomaticolly indented when omount is entered. De not indent manually, if no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts) Compute the revised annual depreelation on December 31,2025 Revised annual depreciation Prepare the joumal entry to record depreciation on December 31.2025. Whist debit entry before credit entry Creflt occount eities are automatically indented when amount is entered. Do not indent manually. If no entry is reguired, select "No Entry" for the occount bibles and enter 0 for the amounts) eTextbookand Media List of Accounts Compute the balance in Accumulated Depreciation-Equlpment for this equipenent after depreclation expenie has beenrecarded on December 31.2025