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The following information opplies to the questons displayed belowd Wardell Company purchased a minicomputer on January 1, 2022, at a cost of $52,000. The computer

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The following information opplies to the questons displayed belowd Wardell Company purchased a minicomputer on January 1, 2022, at a cost of $52,000. The computer was depreciated using the straight-line method over an estimated five-year life with an estimated residual value of $7,000.0 J 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 $1.600 Exercise 11-23 (Algo) Part 2 2. Prepare the year-end journal entry for depreciation on December 31, 2024. Assume that the company uses the double-decliningsalance method instead of the straight-iline method. Note: If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Do not round ntermediate calculations. Round your final answers to nearest whole dollat

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