At the beginning of $2022$Robotics Incorporated acquired a manufacturing facility for $$12\mathrm{.}8$ million. $$9\mathrm{.}8$ million of the purchase price was allocated to the building. Depreciation for $2022$ and $2023$ was calculated using the straight$-$line method, a $25-$year useful life, and a $$1\mathrm{.}8$ million residual value. Assume that $2022$ depreciation was incorrectly recorded as $$32,000.$ This error was discovered in $2024$ Required: $1.$ Record the journal entry needed in $2024$ to correct the error $.2.$ What is depreciation on the building for $2024,$ assuming no change in estimate of useful life or residual value?

$1.$ Journal Entry:

$2.$Depreciation on build ing for $2024$: