Bussiere Flooring Inc. acquired $100\%$ of the common shares of Anna Tiles Inc. several years ago. On December $31,2023,$ Bussiere sold manufacturing equipment to Anna for $$495,000.$ The carrying value at that time was $$650,000$ and the equipment had an estimated remaining useful life of $20$ years. Both companies use straight$-$line method of accounting for depreciable assets. Ignoring income taxes, what current year eliminating entry must be made to adjust the consolidated statement of income for the year ending December $31,2024?$Question $15$ options:Dr$.$ Depreciation expense $24,750$ Cr$.$ Equipment $($net$)24,750$Dr$.$ Equipment $($net$)24,750$ Cr$.$ Depreciation expense $24,750$Dr$.$ Depreciation expense $7,750$ Cr$.$ Equipment $($net$)7,750$Dr$.$ Equipment $($net$)7,750$ Cr$.$ Depreciation expense $7,750$