Presented below is information related to equipment owned by Whispering Company at December $31,2025.$

Cost $$9,990,000$

Accumulated depreciation to date $1,110,000$

Expected future net cash flows $7,770,000$

Fair value $5,328,000$

Assume that Whispering will continue to use this asset in the future. As of December $31,2025,$ the equipment has a remaining useful life of $4$ years.

Presented below is information related to equipment owned by Whispering Company at December $31,2025.$

Prepare the journal entry to record depreciation expense for $2026.($If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List debit entry before credit entry.$)$