Uigent Attempt in Progress Sage Entierprises Ltd, purchased machinery on January 1, 2018. The machinery cost S. 65,000 , and w estimated to tave a teo waz Useful life and a residuai vaiuerof \$76,000. Stralight-line depreclation was recorded each year-end (Dectember 31 ) to toresend of December 31,2022 , On Janjary 1,2023 . Sage re-evaluated the machinery. It was now believed that the equipmeris towas sit was expected to be 15 years, indent manually, If no entry is required, select "No Entru' fhe the (Credit occount thes ere ortomathoil