Crane Company purchased a warehouse on January 1,2019 , for \\( \\$ 392,000 \\). At the time of purchase, Crane anticipated that the warehouse would be used to facilitate the expansion of its product lines. The warehouse is being depreciated over 20 years and is expected to have a residual value of \\( \\$ 49,000 \\). At the beginning of 2024 , the company decided that the warehouse would no longer be used and should be sold for its carrying amount. At the end of 2024 , the warehouse still had not been sold, and its net realizable value was estimated to be only \\( \\$ 255,000 \\). (a) Your answer is correct. Calculate the carrying amount of the warehouse on January 1, 2024