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Flint Company purchased a computer system for $\backslash (\backslash$$ $78,800\backslash )$ on January $1,2024.$ It was depreciated based on a $8-$year life and an $\backslash (\backslash$$ $16,800\backslash )$ salvage value. On January $1,2026,$ Flint revised these estimates to a total useful life of $4$ years and a salvage value of $\backslash (\backslash$$ $10,200\backslash ).$

Prepare Flint's entry to record $2026$ depreciation expense. Flint uses straight$-$line depreciation. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List debit entry before credit entry.$)$

Account Titles and Explanation

Credit

Depreciation Expense $]$

Accumulated Depreciation$-$Equipment

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List of Accounts