At December 31, the unadjusted trial balance of H\&R Tacks reports Equipment of $28 , 000 and zero balances in Accumulated Depreciation and Depreciation Expense. Depreciation for the period is estimated to be $5 , 600 . Required: 1. Prepare the odjusting journal entry on December 31 . 2. Post the beginning bolances and adjusting entries to the following T-accounts. Answer is not complete. Complete this question by entering your answers in the tabs below. Post the beginning balances and adjusting entries to the following T-accounts