Venice Company purchased a gondola for $442,750 (no residual value) at the beginning of 2021. The gondola was being depreciated over a 10-year life using the sum-of-the-years'-digits method. At the beginning of 2024, it was decided to change to straight-line. Ignoring taxes, the 2024 adjusting entry will include a debit to depreciation expense of:

Multiple Choice

$21,735.

$44,275.

$32,200.

$22,540.