Requirement 1. Record depreciation expense on the building for years 20 and 21. (Record debits first, then credits. Exclude Start by recording depreciation expense on the building for year 20. Journal Date Accounts Debit Credit Year 20 Now record depreciation expense on the building for year 21. Journal Date Accounts Debit Credit Year 21 Fresno Consultants purchased a building for $440,000 and depreciated it on a straight-line basis over 40 years. The estimated residual value was 582,000. After using the building for 20 years, Fresno realized that the building would remain useful only 14 more years. Starting with the 21st year, Fresno bogan depreciating the building over a revised total life of 34 years and decreased the residual value to $14,600 Requirement 1. Record depreciation expense on the building for years 20 and 21. (Record debits first, the credits. Exclude explanation from any joumal entries