Need help completing PART C.2. I have completed part a, b & c.1 and provided the correct answers in the screenshots below. Please complete part c.2 in the same formatting as the screenshot.

Carla Vista Snowboarding Company, a public company, purchased equipment on January 10,2020 , for $790,000. At that time, management estimated that the equipment would have a useful life of 10 years and a residual value of $50,000. Carla Vista uses the straight-line method of depreciation and has a December 31 year end. Carla Vista tested the equipment for impairment on December 31, 2024, after recording the annual depreciation expense. It was determined that the equipment's recoverable amount was $340,000, and that the total estimated useful life would be eight years instead of 10 , with a residual value of $10,000 instead of $50,000. (a) Your answer is correct. Calculate the annual depreciation expense for the years 2020 to 2024 and the carrying amount at December 31,2024 . Record the impairment loss, if any, on December 31, 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.) What will appear on Carla Vista's 2024 income statement with regard to this equipment? Your answer is partially correct. What will appear on Carla Vista's 2024 balance sheet with regard to this equipment