In 1998 , Tamarisk Company completed the construction of a building at a cost of $2,320,000 and first occupied it in January 1999 . It was estimated that the building will have a useful life of 40 years and a salvage value of $68,800 at the end of that time. Early in 2009, an addition to the building was constructed at a cost of $580,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a salvage value of $23,200. In 2027, it is determined that the probable life of the building and addition will extend to the end of 2058 , or 20 years beyond the original estimate. (a) (b). (c) Prepare the entry, if necessary, to adjust the account balances because of the revision of the estimated life in 2027 . (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List debit entry before credit entry.)