Pina Co$.$ purchased equipment for $$422,400$ which was estimated to have a useful life of $10$ years with a salvage value of $$11,200$ at

the end of that time. Depreciation has been entered for $7$ years on a straight$-$line basis. In $2026,$ it is determined that the total

estimated life should be $15$ years with a salvage value of $$4,800$ at the end of that time.

$($a$)$ Prepare the entry $($if any$)$ to correct the prior years' depreciation.

$($b$)$ Prepare the entry to record depreciation for $2026.$

$($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 all debit entries before credit entries.$)$