Teal plc purchased a computer system for 78,400 on January 1, 2020. It was depreciated based on a 7-year life and an 22,400residual value. On January 1, 2022, Teal revised these estimates to a total useful life of 4 years and a residual value of 10,000. Prepare Teals entry to record 2022 depreciation expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

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