Oriole Corporation purchased equipment for $64,200 on January 1, 2021. It was depreciated based on a seven-year life and an $13,450 residual value. On January 1, 2023, Oriole revised these estimates to a total useful life of four years and a residual value of $10,300. Prepare Oriole's entry to record 2023 depreciation expense. Assume that Oriole follows IFRS and uses straight-line depreciation. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Depreciation Expense Debit Credit