Required information [The following information applies to the questions displayed below.] Stevens Sandwich Shop had the following long-term asset balances as of January 1, 2024: - Stevens 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 no residual value. - The equipment is depreciated over a 9-year service life using the straight-line method with an estimated residual value of $14,000. - The patent is estimated to have a five-year useful life with no residual value and is amortized using the straightline 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 depreciated. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account fiel