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Additional Problem 5 Wildhorse Enterprises Ltd. purchased machinery on September 1, 2014. The machinery cost $358,200, and was estimated to have a 10 useful life and a residual value of $58,200. Straight-line depreciation was recorded each year-end (December 31) to the end of December 31, 2018. On January 1, 2019, Wildhorse re-evaluated the machinery. It was now believed that the equipment could be resold for $17,000 on December 3, 2021. Prepare the journal entry to record depreciation for 2019 Credit account titles are automatica y dented when the amo t is entered Do not dent manua If entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.) Date Account Titles and Explanation Dec. 31 Debit Credit SHOW LIST OF ACCOUNTS