Question 19 (6 points) VA - Jackson Furniture Refinishing purchased a laser guider miter saw on January 1, 2011 at a cost of $18,000. Depreciation for 2011 and 2012 was based on an estimated total eight-year service life and $3,000 estimated residual value. In 2013, Jackson revised its estimates and now believes the laser miter saw will have a total service life of only six years and that the residual will be only $2,000. Jackson uses the straight-line method to amortize all assets. Required: a) Prepare the journal entry to record depreciation expense for 2012 and 2013. Round all amounts to the nearest dollar. (3 marks) b) Prepare a partial balance sheet at December 31, 2013 showing the balances in all accounts related to the equipment. (3 marks)