Required information [The following information applies to the questions displayed below.] Hero's Sandwich Shop had the following long-term asset balances as of January 1, 2024: Additional information: - Hero's purchased all the assets at the beginning of 2022 - The building is depreciated over a 10-year service life using the double-declining-balance method and estimating - The equipment is depreciated over a 9-year useful life using the straight-line method with an estimated residual no residual value. - The patent is estimated to have a five-year service life with no residual value and is amortized using the straightvalue of $11,000 line method - Depreciation and amortization have been recorded for 2022 and 2023 (first two years). 1. For the year ended December 31,2024 (third year), record depreciation expense for buildings and equipment. Land is not Required: depreciated. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record depreciation of the building. Note: Enter debits before credits. Journal entry worksheet Record depreciation of the equipment. Note: Enter debits before credits