[The following information applies to the questions displayed below) At the beginning of Year 1. Copland Drugstore purchased a new computer system for 140,000. It is expected to have a five year life and a $20,000 salvage value. c. Prepare the journal entries to recognize depreciation for each of the five years, assuming that the company uses Straightline depreciation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record depreciation expense. Note Enter debts before credits General Journal Debit Credit (2) Double-declining-balance depreciation (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Record depreciation expense for year 1. Note Enter debits before credits Debit Credit General Journal Date Y61 Record depreciation expense for year 2. Note: Enter debits before credits. Date General Journal Debit Credit Yr. 2 Record depreciation expense for year 3. Note: Enter debits before credits. Date General Journal Debit Credit Yr. 3 Record depreciation expense for year 4. Note: Enter debits before credits Date General Journal Debit Credit Yr. 4 Record depreciation expense for year 5. Note: Enter debits before credits. Date General Journal Debit Credit Yr. 5