Required informationlhe following information applies to the questions displayed below.$]$At the beginning of Year $1,$ Copeland Drugstore purchased a new computer system for $$85,000.$ It is expected to have a five$-$year life and a $$15,000$ salvage value.:$30$c$.$ Prepare the journal entries to recognize depreciation for each of the five years, assuming that the company uses:$(1)$ Straight$-$line depreciation.$(2)$ Double$-$declining$-$balance depreciation.Complete this question by entering your answers in the tabs below$\mathrm{.}1$

Required information

ReqC$2$

Prepare the journal entries to recognize depreciation for each of the five years, assuming that the company uses double$-$decliningbalance depreciation. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

Journal entry worksheet

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There is one extra journal entry at the begining. Couldnt take pic because it wouldnt let me