Required information [The following information applies to the questions displayed below.] At the beginning of Year 1, Copland Drugstore purchased a new computer system for 155,000. It is expected to have a five-year life and a $25,000 salvage value. c. Prepare the journal entries to recognize depreciation for each of the five years, assuming that the company uses 14 toob lidovootation . HN L Journal entry worksheet Record depreciation expense. Note: Enter debits before credits. Date General Journal Debit Credit Yr. 1 Record entry Clear entry View general journal View transaction list Journal entry worksheet 2 3 4 5 Record depreciation expense for year 1. Note: Enter debits before credits. General Journal Debit Credit Date Yr. 1 Record entry Clear entry View general journal