Discount parking, near an airport, incurred the following costs to acquire land, make land improvements, and construct and furnish a small building.

Discount parking depreciate land improvements over $15$ years, buildings over $40$ years, and furniture over $10$ years, all on a straight line basis with zero residual value.

Requirement $2.$ All construction was complete and the assets were placed in service on october $1.$ Record partial year depreciation for the year ended december $31.$Round to the nearest dollar. $($Record a single componded journal entry. Round all depreciation exoense amounts to the nearest whole dollar. Record debits first, then credits. Select the explanation on the last line of the last line of the journal entry table. $)$