Party Town Amusement Park paid $200,000 for a concession stand. Party Town started out depreciating the building using the straight-line method over 10 years with a residual value of zero. After using the concession stand for six years, Party Town determines that the building will remain useful for only two more years. Record Party Town's depreciation on the concession stand for year seven using the straight-line method. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Debit Credit Accounts Date Depreciation Expense -Concession Stand Accumulated Depreciation-Concession Stand