Smile Corp. purchased equipment on April 1, 2017, for $210,000 in cash. The company paid shipping of $15,000 and set up fees of $1,250. The estimated useful life of the equipment is 10 years and it is estimated that the salvage value will be $20,000. Smile Corp uses the Straight Line method to record depreciation. Record the December 31st adjusting journal entry for depreciation for 2017.