Current Attempt in Progress Presented below is information related to equipment owned by Shelfeld Company at December 31. 2025. Shetfield intends to dispose of the equipment in the coming vear. It is expected that the cost of disposal will be $23,400, As of December 31,2025 , the equipment has a remaining useful life of 4 vears. (a) Prepare the journal entry (if amy to recocd the impairment of the asset at December 31.2025 , of no entry is required, select "No entry' for the account titles and enter Ofor the amounts. Credit account tities are automotically indented when amount bentered, Do not Indent manually tht debit entry before condit entryl Prepare the journal entry (if any) to record depreciation expense for 2026. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented whip amount is entered. Do not indent manually. List debit entry before credit entry.)