wardell company purchased a minicomputer on january 1, 2022, at a cost of $48,000. the computer was depreciated using the straight-line method over an estimated five-year life with an estimated residual value of $3,000. 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 $1,200. 2. prepare the year-end journal entry for depreciation on december 31, 2024. assume that the company uses the double-declining-balance method instead of the straight-line method.
