Eav's Event Planning bought a computer on January 1st worth $5,000 with an expected life of 4 years and a residual value of $1,500. What is the adjusting journal entry for December 31 at the end of the first year? 
Definitions:
FADH2
A reduced form of flavin adenine dinucleotide, a coenzyme involved in the respiratory chain that transfers electrons.
ATP
Adenosine triphosphate, a molecule that carries energy within cells for metabolism.
NADH
Nicotinamide adenine dinucleotide (NADH) serves as a crucial coenzyme in the cellular energy production process, participating in redox reactions by carrying electrons from one reaction to another.
Electron Transport Chain
A series of protein complexes located in the inner membrane of mitochondria that facilitate the movement of electrons to generate ATP.
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