Exercise $11-21($Algo$)$ Change in estimate; useful life of patent $[$LO$11-4,11-5]$

Van Frank Telecommunications has a patent on a cellular transmission process. The company has amortized the patent on a straightline basis since $2020,$ when it was acquired at a cost of $$13\mathrm{.}5$ 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 a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Enter your answer in millions rounded to $2$ decimal places $($i$.$e$.,5,500,000$ should be entered as $5\mathrm{.}5).$