Cole Inc. acquired equipment $($estimated useful life, $15$ years; salvage value, $515,000)$ for $$525,00$ en January of $2022.$ The equipment has bee depr it$,15$ siars, e staightline method for the first $4$ years for financial reporting purposes. In $2026,$ the company decided to change the total estimated useful life of the equipment from $15$ years to $24$ years and salvage value from $815,000$ to $$18,000.$ The equipment is continued to be depreciated on the straigh$-$line method. Prepare the general journal entry to record depreciation expense for the equipment in $2026.$