Van Frank Telecommunications has a patent on a cellular transmission process. The company has amortized the patent on a stralghtline basis since 2020 , when it was acquired at a cost of $16.2 million at the beginning of that year. Due to rapid technological advances in the industry, management decided that the patent would benefit the company over a total of six years rather than the nine-year life being used to amortize its cost. The decision was made at the beginning of 2024. Required: Prepare the year-end journal entry for patent amortization in 2024. No amortization was recorded during the year. Note: If no entry is required for o transoction/event, select "No journal entry required" in the first occount field. Enter your onswer in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.5 ). Journal entry worksheet