The City of Royal Oak is preparing its government-wide financial statements for the year. Its accountant must prepare a number of journal entries to recognize assets and liabilities previously omitted from the fund financial statements and to recognize revenues and expenses for the year under accrual accounting that were not recognized under the current financial resources measurement focus and the modified accrual basis of accounting used to prepare the statement of revenues, expenditures, and changes in fund balances for its funds. The accountant identifies the following journal entry that must be made (all numbers are in $1,000): Recognize capital assets of $77,680 as of the beginning of the year.

Indicate the name of the account and the amount to be debited