Bucky Badger Inc. purchases a piece of equipment on June 1,…

Bucky Badger Inc. purchases a piece of equipment on June 1, 2021 for $35,000.  Company A uses the double declining balance method to calculate depreciation and has determined the equipment has a 5 year useful life and a salvage value of $5,000.  What is the journal entry required by Bucky Badger Inc. to record depreciation expense on December 31, 2022?  PLEASE SHOW WORK FOR CALCULATIONS!   Answer should be expressed as : DR (ACCOUNT NAME)  $X,XXX CR (ACCOUNT NAME)  $X,XXX No dates or explanations are needed.