part b: Prepare the journal entry to record depreciation expense for 2026

part c: Prepare the journal entry (if any) necessary to record this increase in fair value

fair value of the equipement is $5508000

Presented below is information related to equipment owned by Windsor Comparry at December 31, 2025. Windsor intends to dispose of the equipment in the coming year. It is expected that the cost of disposal will be $21,600. As of December 31,2025 , the equipment has a remaining useful life of 5 years. Prepare the joumal entry (of any) to record the impairment of the asset at December 31, 2025. (if no entry is required, select "No entry" for the obobumt tiblei and enter O for the arnounts Credit account titles ore dutomatically indented when amount is entered. Do not Indent mansally (ist debit entry before credlit entry)