Wardell Company purchased a mini computer on January 1, 2016, at a cost of $32,350. The computer has been depreclated using the straight-line method over an estimated five-year useful life with an estlimated residual value of $3,100. On January 1, 2018, the estimate of useful life was changed to a total of 10 years, and the estimate of residual value was changed to $930. Prepare the appropriate adjusting entry for depreciation in 2018 to reflect the revised estimate. (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.) View transaction list View journal entry worksheet .. General Journal No Event Debit Credit 1 Depreciation expense 2,465 Accumulated depreciation 2,465 Prepare the appropriate adjusting entry for depreciation in 2018 to reflect the revised estimate. Assuming that the company uses the sum-of-the-years'-digits method instead of the straight-line method. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations and round your final answers to nearest whole dollar.) Show less A View transaction list View journal entry worksheet No Event General Journal Debit Credit Depreciationexpense 1 Accumulated depreciation