Wardell Company purchased a minicomputer on January 1, 2022, at a cost of $56,000, The computer was depreciated using the straight-ine method over an estimated five-year ilfe with an estimated residual value of $8,000. 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 $2.000 Exercise 11-23 (Algo) Part 2 2. Prepare the year-end joumal entry for depreciation on December 31, 2024 . Assume that the company uses the double-decining. balance method instead of the straight-ine method Note: If no entry is requlred for a transactlon/event, select "No journal entry required" In the 1irst account fleld, Do not round intermedlate calculations. Round your final answers to nearest whole dollar