On July $1,2022,$ Wildhorse Co$.$ purchased new equipment for $$104,000.$ Its estimated useful life was $7$ years with a $$13,000$ salvage value. On January $1,2025,$ the company estimated that the equipment's remaining useful life was $10$ years, with a revised salvage value of $$6,500.$ a$)$ prepare journal entry to record depreciation on December $31,2022.$

B$)$ prepare journal entry to record depreciation on december $31,2023$

C$)$ compute revised annual depreciation on december $31,2025,$ prepare journal entry to record depreciation on december $31,2025$