Please note requirement 2. Part one of thus question used straight-line. Now we are assuming the company used double-declining-balance. The second photo is my incorrect work. Please help.

Exercise 11-23 (Algo) Change in estimate; useful life and residual value of equipment [LUT1-2, 11-5] [The following information applies to the questions displayed below] Wardell Company purchased a minicomputer on January 1, 2022, at a cost of $52,000. The computer was depreciated using the straight-line method over an estimated five-year life with an estimated residual value of $7,000. On January 1 . 2024, the estimate of useful life was changed to a total of 10 years, and the estimate of residual value was changed to $1,600 Exercise 11-23 (Algo) Part 2 2. Prepare the year-end journal entry for depreciation on December 31, 2024. Assume that the company uses the double-decliningbalance method instead of the straight-line method. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fleld. Do not round intermediate calculations. Round your final answers to nearest whole dollar. 2022=(52k101)=5.2k=11duc416.8Kacde2023=(44.8k101)=4.68K=9.88k{42.12k2024=(42.12161)=2033=7247}394872024dep=$2633