Hepburn Company purchased equipment for the $365,000 and placed it in service on January 1, 20x1, In 20x4, the accounting manager at Hepburn discovered that cost of the machine had mistakenly been debited to repairs expense on the date of purchase. The equipments useful life was expected to be five years with no residual value. Hepburn uses the straight-line depreciation method. Ignoring income taxes, prepare the journal entry Hepburn should use to correct the error in 20x4. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)