Kingbird Industries changed from the double-declining-balance to the straight-line method in 2026 on all its equipment. There was no change in the assets' salvage values or useful lives. Plant assets, acquired on January 2, 2023, had an original cost of $1,670,400, with a $83,200 salvage value and an 8-year estimated useful life. Income before depreciation expense was $284,800 in 2025 and $342,400 in 2026. (a) Your answer is partially correct. Prepare the journal entry to record depreciation expense in 2026. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.)