Mill Creek Amusement Park paid $$400,000$ for a concession stand. Mill Creek started out

depreciating the building using the straight$-$line method over $25$ years with a residual value of

zero. After using the concession stand for three years, Mill Creek determines that the building

will remain useful for only five more years. Record Mill Creek's depreciation on the concession

stand for year four using the straight$-$line method. $($Record debits first, then credits. Exclude

explanations from any journal entries.$)$

Journal Entry