Grand Escape Amusement Park paid $360,000 for a concession stand. Grand Escape started out depreciating the building using the straight-line method over 20 years with a residual value of zero. After using the concession stand for six years, Grand Escape determines that the building will remain useful for only four more years. Record Grand Escape's depreciation on the concession stand for year seven using the straight-line method. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit