On Decamber $31,2025,$ before the books were cloeed, the management and accountants of Marigald Inc made the fallowing determinations about thres piaces of equipment. $1.$ Equipment.A was purchased January $2,2022.$ It originally cost $\backslash (\backslash$$ $537,000\backslash )$ and, for depreciation purposes, the straight$-$line mathod was originally chosen. The asset was ariginally expected to be useful for $10$ years and have a zero salvaga value. In $2025,$ the decision was made to change the depreciation method from straight$-$line to sum$-$of$-$the$-$years'$-$digits, and the estimates relating to useful life and salvage value remained unchanged. $2.$ Equipment B was purchased January $3,2021$ It originally cost $\backslash$$$184,500$ and, for depreciation purposes, the straight$-$line method was chosen. The asset was ariginally expected to be useful for $15$ years and have a zero residual value. In $2025,$ the decision was made to shorten the total life of this asset to $9$ yaars and to astimate the residual value at $\backslash (\backslash$$ $2,900\backslash ).3.$ Equipmant C was purchased January $5,2021.$ The assat's original cost was $\backslash (\backslash$$ $161,200\backslash ),$ and this amount was entiraly expensed in $2021.$ This particular asset has a $10-$year useful life and no residual value. The straight$-$line method was chosen for depreciation purposes. Additional data: $1.$ Income in $2025$ before depreciation expense amounted to $\backslash (\backslash$$ $403,400\backslash ).2.$ Depraciation expense on assets other than A$,$ B$,$ and C totaled $\backslash (\backslash$$ $55,300\backslash )$ in $2025.3.$ Income in $2024$ was reported at $\backslash (\backslash$$ $370,100\backslash ).4.$ Ignore all income tax effects. $5.99,100$ shares of common stock ware outstanding in $2024$ and $2025.($a$)$ Your answer is partially correct. Prepare all necessary antries in $2025$ to record these determinations. $($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 tities and enter Ofor the amounts. List all debit entries before credit entries.$)$ No$.$ Account Titles and Explanation $1.2.13.$ squigmant $161,200$ Accumulatas Depraciation$-$Equlpmant $\backslash (\backslash$mid $\backslash$longrightarrow$]\backslash )]\backslash (]\backslash )($To correct equipment expensed.$)$