Question 3 of 7 - / 10 E View Policies Current Attempt in Progress At the end of its first year, the trial balance of Oriole Company shows Equipment $24,640 and zero balances in Accumulated Depreciation Equipment and Depreciation Expense. Depreciation for the year is estimated to be $3,080. (a1) Prepare the annual adjusting entry for depreciation at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Date Dec. 31 e Textbook and Media List of Accounts Save for Later Attempts: unlimited Submit Answer Question Part Score (a2) Question Part Score --/3.33 9