Question: Current Attempt in Progress Presented below is information related to equipment owned by Novak Company at December 31.2025. Novak intends to dispose of the equipment

Current Attempt in Progress Presented below is information related to equipment owned by Novak Company at December 31.2025. Novak intends to dispose of the equipment in the coming year. It is expected that the cost of disposal will be $25,000. As of December 31,2025 , the equipment has a remaining useful life of 4 years. Prepare the journal entry (if any) to record depreciation expense for 2026. (ff no entry is required, select "No entry" for the occount tities and enter ofor the amounts. Credit occount titles are automatically indented when amount is entered. Do not indent mantally thit debit entrybefore credit entry) eTextbook and Media List of Accounts Attempts: 1 of 4 used (c) The parts of this question must be completed in order. This part will be avaibale when wus complete the part above
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