On July 1, 2022, Widhorse Co. purchased new equipment for $97,600. Its estimated useful life was 7 years witha $12,200 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 $6,100. Prepare the journal entry to record depreciation on December 31, 2022. (List debit entry before credit entry, Credit account titles ane automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter ofor the amounts) Prepare the journal entry to record depreciation on December 31. 2023. Wht debit entry before credit entry. Credit account titles are outoenatically indented when amount is enteret. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.] Compute the revised annual depreciation on December 31, 2025. Revisedannualdepreciation Prepare the journal entry to record depreciation on December 31,2025. Uist debit entry before credit entry. Credit account titles are autornatically indented when amount is entered. Do not indent manually. If no entry is repuired, select "No Entry" for the account tibles and citer ofor the tamponts Compute the balance in Accumulated Deprociation-Equipment for this equipment after depreciatian expenae has been recorded an December 31.2025 Accurmilated Depreciation-Equipment