Prepare the journal entry to record depreciation on December 31, 2023. (List debit entry before credit entry. Credit account titles are automatically indented when 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.) On July 1,2022, Carla Vista Co, purchased new equipment for $76,800. Its estimated useful life was 7 years with a $9,600 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 $4,800. (a) Youranswer is correct. Prepare the journal entry to record depreciation on December 31, 2022. (List debit entry before credit entry. Credit occount titles ore outamatically 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 omounts.) Compute the revised annual depreciation on December 31, 2025. Revised annual depreciation Compute the balance in Accumulated Depreciation-Equipment for this equipment after depreciation expense has been recorded on December 31.2025. Accumulated Depreciation-Equipment Prepare the journal entry to record depreciation on December 31, 2025. (List debit entry before credit entry Credit account titles are outomaticolly indented when amount is entered. Do not indent manuolly. If no entry is required, select "No Entry" for the occount titles and enter Ofor the omounts.)