Rungano Corporation is a global publisher of magazines, books, and music, as well as video collections, and it is one of the world's leading direct$-$mail marketers. Many direct$-$mail marketers use high$-$speed Didde press equipment to print their advertisements. These presses can cost more than $$1$ million. Assume that Rungano owns a Didde press acquired at an original cost of $$400,000.$ It is being depreciated on a straight$-$line basis over a $20-$year estimated useful life and has a $$50,000$ estimated residual value. At the end of $2024,$ the press had been depreciated for eight years. On April $1,2025,$ a decision was made, on the basis of improved maintenance procedures, that a total estimated useful life of $25$ years and a residual value of $$73,000$ would be more realistic. The fiscal year ends December $31.$

Required:

$1-$a$.$ Compute the amount of depreciation expense recorded in $2024.$

Depreciation expense

$$17,500$

$1-$b$.$ Compute the carrying amount of the printing press at the end of $2024.$

Carrying amount

$$260,000$

$2.$ Compute the amount of depreciation that should be recorded in $2025.$

Depreciation expense

$

$12,552$

$3.$ Prepare the adjusting entry to record depreciation expense at December $31,2025.($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

$\backslash$table$[[$No$,$Date,General Journ:,,Deblt,Credit$],[1,$December $31,20$