yer/index.html?launchid=8c666c1c-22c4-4137-9af1-65de404e20b78/question/4 Question 5 of 10 > - 12.51 View Policies Current Attempt in Progress Machinery purchased for $70,800 by Wildhorse Co. in 2016 was originally estimated to have a life of years with a salvage value of $4.720 at the end of that time. Depreciation has been entered for 5 years on this basis. In 2021, it is determined that the total estimated life should be 10 years with a salvage value of $5,310 at the end of that time. Assume straight-line depreciation Prepare the entry to correct the prior years' depreciation, if necessary. Of no entry is required, select "No entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Save for later Attempts: 0 of 5 used Sub Ar Question Part Score --/0.01 (b) The parts of this question must be completed in order. This part will be available when you complete the part above Question Part Score