The following information applies to the questions displayed below. Wardell Company purchased a minicomputer on January $1,2022,$ at a cost of $$48,000.$ The computer was depreciated using the straight$-$line method over an estimated five$-$year life with an estimated residual value of $$3,000.$ On January $1,2024,$ the estimate of useful life was changed to a total of $10$ years, and the estimate of residual value was changed to $$1,200.$ Required : $1.$ Prepare the year$-$end journal entry for depreciation on December $31,2024.$ No depreciation was recorded during the year Note: If no entry is required for a transaction $/$event$,$ select $"$No journal entry required" in the first account field. Round your final answers to nearest whole dollar $.$