Eckan Word Processing Service uses the straight-line method of depreciation. The company's fiscal year end is December 31. The following transactions and events occurred during the first three years. 
Instructions
Prepare the necessary entries. (Show computations.)
Definitions:
After-Tax Lorenz Curve
A graphical representation that shows the distribution of income or wealth within an economy after accounting for taxes.
Before-Tax Lorenz Curve
A graphical representation that shows the distribution of income or wealth among individuals or households before taxes are applied.
Lorenz Curve
A graphical representation of income or wealth distribution within a society, showing the proportion of overall income earned by cumulative percentages of the population.
Income Inequality
The imbalanced dispersion of income across various economic participants, including individuals and households.
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