On July $1,2023,$ Crane Company purchased factory equipment for $$1,036,200$ with an estimated $$45,000$ salvage value. The estimated useful life for the equipment is $12$ years. During $2023,2024,$ and $2025$ the equipment is depreciated using the straight$-$line method. During $2026,$ $$41,000$ in maintenance is required on the machine to keep it running up to its standard operating specifications. Also, in $2026,$ $$133,000$ is spent to improve the equipment's efficiency and prolong its useful life. The new useful life is expected to be an additional $12$ years beginning in $2026$ and the revised salvage value is $$30,000.$

$($a$)$

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What journal entry is required to record partial year depreciation for $2023?($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

$\backslash$table$[[$Depreciation Expense,Debit,Credit$],[$Accumulated Depreciation$-$Equipment,,$]]$