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[The following information applies to the questions displayed below] Wardell Company purchased a minicomputer on January 1, 2022, at a cost of $44,000. The computer

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[The following information applies to the questions displayed below] Wardell Company purchased a minicomputer on January 1, 2022, at a cost of $44,000. The computer was depreclated using the straight-ine method over an estimated five-year ilfe with an estimated residual value of $5,000. On January 1 , 2024 , the estmate of useful life was changed to a total of 10 years, and the estimate of residual value was changed to $800 Exercise 11-23 (Algo) Part 2 2. Prepare the year-end journal entry for depreclation on December 31, 2024. Assume that the company uses the double-deciliningbalance method instead of the straight-line method Note: If no entry is required for a transaction/event, select "No Journal entry required" In the first account fleid. Do not round. Intermediate calculations. Round your final answers to neorest whole dollar

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