Happy Time Amusement Park paid $450,000 for a concession stand. Happy Time started out depreciating the building using the straight line method over 25 years with a residual value of 2ero Affor using the concession stand for three years, Happy Time determines that the building will remain useful for only five more years Record Happy Time's depreciation on the concession stand for year four using the straight line method (Record debits first the credits Exclude explanations from any journal entro) Journal Entry Accounts Date Debit Credit