which value do you put in for the depreciation?

At the beginnlng Of 2022, Robotics Incorporated acquired a manufacturing facility for $12.2 million, $9.2 million Of the purchase price was allocated to the building. Depreciation for 2022 and 2023 was calculated using the Straight-line method. a 25-year useful life, and a Sl.2 million residual value. Assume that 2022 depreciation was Incorrectly recorded as $32,000. This error was discovered In 2024. Required'. I. Record the journal entry needed in 2024 to correct the error. 2. What is depreciation on the building for 2024, assuming no change In estimate or useful life Or residual value? Complete this question by entering your answers in the tabs below. Record the journal entry needed in 2024 to correct the error. Note: tf no entry is required for a transaction}cwent, select No journal entry required in the first account field. Enter your a whole dollars, and not In millions. tr.ns.ction Journal entry worksheet Record the journal entry needed in 2024 to correct the error.