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Wildhorse Manufacturing has equipment that is comprised of five components (amounts in thousands). Asset Cost Estimated Residual Estimated Life (in years) ABCDE 46,170 6,270

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Wildhorse Manufacturing has equipment that is comprised of five components (amounts in thousands). Asset Cost Estimated Residual Estimated Life (in years) ABCDE 46,170 6,270 10 38,304 5,472 9 41,040 4,104 8 21,660 1,710 7 26.790 2,850 6 (a) Prepare the adjusting entry necessary at the end of the year to record depreciation for the year. Assume that Wildhorse use straight-line depreciation. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit accou titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit

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