Purchased equipment in January for $177,000 with no sa whole dollar equipment in January for $177.000 with no salvage value and an eight year life. Record straight line depreciation at year end. Round to the nearest Depreciation Expense - Equipment Depreciation Expense-Equipment Explanation Re Debit Accumuated Depreciation Equipment Accumuated Depreciation- Equipment Date Debit Credit Balance Recognized $21,500 of warranty revenue earned at the end of the year Unearned Warranty Revenue Unearned Warranty Revenue ExplanationRe Debit Credit Balance