WORLD 353-4 At the end of its first year, the trial balance of Bronowski Company shows Equip- ment $30,000 and zero balances in Accumulated Depreciation--Equipment and Depreci- ation Expense. Depreciation for the year is estimated to be $4,000. Prepare the adjusting entry for depreciation at December 31, post the adjustments to T-accounts, and indicate the balance sheet presentation of the equipment at December 31