Question 9 The following information relates to the Equipment account of Small Wonders Ltd. (SWL) at December 31, 2021: A B Original cost $204,000 $174,000 $219,000 Year purchased 2019 2017 2019 Useful life 15 years 17,000 hours 10 years Residual value $24,000 $13,350 $14,100 Depreciation method straight-line activity double-declining Accumulated depreciation through 2021 $36,000 $94,800 $78,840 The following transactions occurred in 2022: a) On December 31, before calculating depreciation expense on Equipment A, SWL decided that the equipment's useful life should be 12 years in total. b) On December 31, it was determined that Equipment B had been used 9,600 hours in 2022. Required (19 marks): Prepare journal entries to record depreciation for 2022 (show your calculations)