On January 1. comer Catering Services purchased a hot dog stand for $30,000 with an estimated useful life of 6 years >>kJ no residual value. Suppose that after using the hot dog stand for two years and straight-line depreciation, the company determines that the stand will remain useful for only two more years. Record Corner Catering Services' depreciation expense on the hot dog stand for year 3 by the straight-line method. (Record debits first, then credits Exclude explanations from any journal entnes.)